For even better deals, look at undeveloped land. This area is often referred to as the Switzerland of South America. The only difference at times seems to be that instead of the Alps, immense volcanoes ring the chilly blue lakes. And you can do it all for less than it would cost you to stay home. Building your own home may be the way to go.
Wood is of the highest quality in the world, and, like other materials, it's plentiful and cheap.
Well maintained highways now reach throughout the country. This country has come a long way. When I lived in the port city of Talcahuano in 1977, only a few families on our block had phones. Wherever you choose to live, renting or buying, once you're settled in, the cost of living will prove quite reasonable. Food costs practically nothing.