One thing that Puerto Varas has a lot of is sleeping accommodations. There is something for every traveler and every wallet, you can even stay at a Puerto Varas hostel such as Casa Mawenko for as low as $12 a night. If you aren't happy with your internet reservation, donâ€™t be afraid to search elsewhere. That is, unless you are visiting during the super high season of January and February when hotels in Puerto Varas tend to fill up quickly. Some hotels in Puerto Varas do have higher quality websites than their accommodations deserve, so do your homework before making the reservation. Many of the hostels and hospedajes (another version of a hostel) are located in the center of town and do not have much of a view of Puerto Varas. Hostels and accommodations that are located a bit outside of village center, on the lake or hillside, offer great views of Lake Llanquihue, Volcano Osorno and Volcano Calbuco.