This hotel on the lake is aligned with a youth hostel, which means it offers special rates for students, though it's quite inexpensive in any case. Although rooms are somewhat small and dated, they are brightly painted and have hardwood floors and floral bedding. Request one of the nine rooms with a lake view. If you can get past the fake fireplace and swan shrine in the lobby, head to the rooftop restaurant for an incredible view.
Calle General Gonzalo Jaúregui, Copacabana, Bolivia