Lago Llanquihue

Chile's "Lake Disctrict" is definitely worth a visit:

We took a comfy overnight bus from Santiago to Puerto Varas and cycled around Lago Llanquihue anticlockwise in 3 days. From Puerto Varas to Saltos de Petrohue the road is sealed and in a very good condition. Chilean drivers are really friendly, honking and waving and cheering... there are also long stretches of undulating, dusty gravel roads in the eastern/ northern part of the lake.
Characters of the villages vary enormously depending on the amount of visitors - anything from expensive tourist shops to simple tin shacks. The adjacent national parks offer many opportunities to explore.

This was a great start with a lot of sun, superb views of volcanos, bits of native forest, jumps into chilly waters and plenty opportunities to enjoy "Apfelstrudel" from german settlers. We arrived in Puerto Montt after 230 km to catch a ferry down to Puerto Natales.