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The most popular excursion from Ancud is a visit to the nearby penguin colony, where in the right time of year it is possible to see Magellanic and Humboldt penguins nesting side by side. They begin returning to the islands to nest around September, with numbers peaking in December-January. They begin to leave once the chicks are hatched in late fall. The colony is 28 km from the town and can be reached by the public bus (Mar Brava). It leaves from the garage at 06:45 and 11:45, returning at 13:00 and 17:00. From there you can hire a boat to take you to the islands just offshore where the penguins nest. There are many tour agencies and hostels offering tours from Ancud. These tours generally include only transport and the boat trip, but sometimes add in hikes and other scenic stops. Make sure you know what you're getting.
Eco Tourism Chepu Adventures. Kayak while visiting the charming Valley of the Dead Trees at Chepu Wetlands, an overwhelming landscape of sunken dead logs and nature. Kayak at dawn. Trek to penguin colony. Eco-camping with alternative energy (wind) and solar hot showers. Hosting in suites for 2 persons (cabin type) with private bathroom and bathroom included. Adults only. Ecofriendly activities as kayak at dawn, trekking, bird & mammal watching.