Best for family getaways: Yellow and Blue Houses, Isla Colon, Panama

While the perception of overwater bungalows is that they’re not child-friendly, the Yellow and Blue houses of Big Bight, Isla Colon in Panama welcomes little ones, with the proviso that children are under adult supervision 24/7. The two bedrooms will sleep five and there’s also a fully-equipped kitchen, ceiling fans in the bedrooms, TV and a selection of DVDs. Outside, the sundeck with lounge chairs and hammock over the water affords you plenty of opportunities to dolphin watch and enjoy the crystal clear waters of the Caribbean. Avail of the water floats and snorkelling gear, and marvel at the incredible coral reefs. Average prices are from $165 per night.