Hostal Sur, Puerto Montt, Chile (October 2017 - 1 night). Located across the road slightly from the bus terminal, $15000 pesos ($23USD) got me a small room with single bed with a small private bathroom. It's just 5-10mins walk into the center of town. The place has good security and breakfast in the morning. The breakfast however is not good, they give you coffee and 2 packets of sweet buscuits, not my cup of tea. When I was in Puerto Montt a couple of weeks later I found a good alternative very close-by.