This Swiss-owned midrange hotel masquerading as a hostel is just a hop, skip and a jump from the Cruz del Sur bus station. It boasts postcard-perfect sunset views over the Bay of Ancud from a big, comfortable bench on its naturally lit front porch, and also from its 13 privates (including two new, larger rooms) and a six-bed dorm.
The outdoor hot tub (from CH$18,000 for up to eight guests) is well worth reserving a few hours in advance. A new restaurant was in the works when we visited.