text: It is the brand new accommodation designed to give visitors a taste of the South Pacific, but the latest villas on offer at Walt Disney World Florida are not for the budget traveller. The first phase of Disney's Polynesian Villas & Bungalows has just been unveiled, revealing opulent overwater villas available from $2,000 a night - rising to $4,500 at peak times. And though the luxurious offerings look like they belong in Bora Bora, in reality, they're located just steps from the Magic Kingdom  in Orlando. Scroll down for video . Disney has just opened their first-ever overwater bungalows as part of their luxury Polynesian resort . Nestled along the shore of the Seven Seas Lagoon, the resort is a quick monorail ride away from the theme park and also conveniently located close by to Disney's Polynesian Village Resort. There, guests will find all of their dining options, as well as several play areas, a children's club, and more. The impressive overwater suites are a first of their kind for Disney, boasting two bedrooms, two bathrooms and a private plunge pool. Each bungalow reportedly sleeps up to eight people and offers a view of both the Magic Kingdom Resort and the lagoon, where an electrical water pageant takes place each night. Nestled on the shores of the Seven Seas Lagoon, the villas feel more like Bora Bora than Florida . All of the bungalows have two bedrooms, two bathrooms, a full kitchen and a large living area . There are 20 overwater villas in total and each of the opulent offering sleeps eight people . Each bungalow has an expansive private deck, complete with private plunge pool overlooking the water . Before being ushered to their private bungalow, all 20 of which are connected via bamboo walkways, guests are welcomed at the Great Ceremonial House, where they are given flower leis. From there, and if you're not headed directly to the theme parks, guests can take advantage of their private decks and sun loungers or explore the sandy shores of the lagoon. There are also a pair of bamboo chairs hanging from the roof on each of the bungalow's decks, providing the perfect spot to tuck into a bit of Dole Whip soft serve ice cream. The pineapple-flavoured concoction is famous on the resort - and one of the only places you can find the sweet treat outside of Hawaii. In one of the bedrooms, the bed's headboard is crafted out of wooden surfboards . Of the two bathrooms, the master even has a television hidden in the mirror . The villas have a mid-century, 60s-era design scheme and a large dining room table that seats eight . The bungalows provide the perfect vantage point from which to watch the electrical water pageant at night . At night, music from the fireworks display, which takes place at the Magic Kingdom, gets piped in to the villa . The villas can be booked by regular holidaymakers but are also available as part of a timeshare programme through Disney's Vacation Club. 'If you'd like to rent one of the bungalows, it's anywhere between $2,100 and $4,500, depending on the time of year you come and visit,' Tracy Powell, Vice Presidents Deluxe Resorts told Fox Orlando. She maintains that the high price will stil offer great value for timeshare programme users as lifetime membership will eventually save them up to 50 per cent on costs.
target: Disney has just unveiled their latest luxury resort: Bora Bora Bungalows .
  The overwater villas are located on the shore of the Seven Seas Lagoon .
  Inspired by the South Pacific, they're just minutes from the Magic Kingdom .