Each wooden suite—spread out over the waters of a coral-lined lagoon—has a smartly designed sea-level sun deck, a deepwater pool, and a glass spy hole carved into the floor so you can watch the stingrays and reef sharks glide below. —Brendan Brady
Gilli Lankanfushi, North Malé Atoll, Maldives. 960/664-0304, gili-lankanfushi.com. This appeared in the September/October 2010 issue. See more overwater bungalows.