As the high season for Maldives water villas is just around the corner now (December through May) we'll feature one of the best-value resorts in the region. The Sheraton Maldives Full Moon Resort & Spa is a wonderful 4-star-plus hotel that offers great online rates compared to similar resorts nearby.
It has another advantage in that it's reasonably close to the Malé International Airport, but it's not close enough for it to be a factor once you are on the private island. This means it's fast and relatively cheap to reach the Sheraton Full Moon, and you can arrive at any hour of the day or night, which isn't true of most resorts.