It wasn't easy to find true on-the-beach bungalows on Koh Tao....even if there are, they're usually pretty expensive....we found one on Sairee beach, for like 500 baht! The beach in front of the bungalow wasn't perfect, but it was the best we could find for that kind of money. And the interior wasn't bad at all, fan-cooled with a double bed and a clean bathroom. We had problems locking the door though....but we felt pretty safe so it was okay. You can't book most of the budget accomodation online, so what we did was to simply walk along till we saw something we liked.
Unique Qualities: One of the rare accomodation that we could find directly on the beach....
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Comparison: least expensive
Prices: less than US$20
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Directions: Around the middle of Sairee Beach