Let KAYAK do the searching
Based on KAYAK hotel searches, the most popular destination is Punta Arenas (61% of total searches to Magallanes). The next most popular destinations are Torres del Paine (22%) and Puerto Natales (11%). Searches for hotels in Estancia Pudeto (6%) are also popular.
KAYAK users have found double rooms in Magallanes for as cheap as €235 (Estancia Pudeto) in the last 3 days. The average price is €520.