La Bandurrias family hostel is located on a hill above the village of Cochamó. Surrounded by nature you can rest and enjoy the incredible views of the Reloncavi Estuary and the volcanos, Yates and Osorno. You can also participate in the many activities in the region like trekking and climbing in La Junta - Cochamó Valley, the "Yosemite of South America", kayaking, fishing, horse-riding and moutain-biking.
They are a Swiss-Chilean couple, speaking Spanish, English, French and a bit of German. They can give you recommendations for exploring the region, and will you feel at home in their hostal.
Their rooms with shared bath run 38,000 pesos (~US$55) per room, breakfast included. Beds in the dormitory cost 16,000 pesos (~US$23) each. They can also drop you off at the trailhead for Cochamó Valley for 6,000 pesos (~US$10).