RFK Rankings · Lisbon
Best Tasting Menus Under $200 in Lisbon 2026
Michelin tasting menus under $200 · Lisbon · 6 ranked · Updated June 2026
Compiled by the Restaurants for Kings editorial team · Published June 19, 2026 · Updated June 21, 2026 · Reviewed by Fredrik Filipsson, Editor-in-Chief · How we rank · Corrections
Epur holds a Michelin star and serves its eight-course Inspiracoes menu for 150 euros, which in Lisbon buys you a kitchen most cities would charge double for. The city is one of the best-value fine-dining capitals in Europe, where a one-star tasting menu often lands well under 185 euros, the rough equivalent of 200 dollars. We took the flagship tasting at each, drinks aside, and checked the current price. Here is who each menu suits, what it costs, and how to book it. Six, ranked on the cooking and value.
1.Epur
Vincent Farges' one-star French kitchen with a harbour-light room, at 150 euros for eight courses. The best cooking-to-price on this list.
Epur sits above the Largo da Academia Nacional de Belas Artes in Chiado, where chef Vincent Farges cooks French technique on Portuguese ingredients with real precision. It holds one Michelin star, and the eight-course Inspiracoes menu is 150 euros, the longer ten-course Epurismo exactly 185. Take the 150-euro menu and you get a one-star kitchen for the price of a mid-range dinner elsewhere. This is the value-and-quality leader here, the booking for a diner who wants serious cooking without a top-end bill. Reserve a week or two ahead and take the shorter menu.
Book Epur direct; take the eight-course Inspiracoes at 150 euros.
2.Loco
Alexandre Silva's 16-moment surprise menu around an open kitchen, at 160 euros. Take it for the most inventive cooking under $200.
Loco, near the Basilica da Estrela in Lapa, is Alexandre Silva's one-star room, twenty-two seats around an open kitchen running a sixteen-moment surprise menu, micro-seasonal and close to zero-waste. The food-only menu is 160 euros, with wine pairings on top. This is the most adventurous kitchen on the list, the booking for a diner who wants to be surprised course by course rather than choose. Sit where you can see the pass and let the kitchen lead. Reserve ahead, since the room is small and books out on weekends.
Book Loco direct; take the sixteen-moment menu and watch the open kitchen work.
3.Encanto
Jose Avillez's vegetable tasting next to Belcanto, with a Green Star, at about 155 euros. Take it for the city's best meat-free menu.
Encanto sits beside Belcanto in Chiado and is Jose Avillez's vegetarian project, a roughly twelve-course menu of vegetable and zero-waste cooking with biodynamic wines and house kombuchas. It holds one Michelin star and a Green Star, and the tasting runs around 155 euros. This is the booking for a diner who wants a serious meat-free menu rather than a token vegetarian option, from a kitchen with the technique to carry it. Reserve ahead and take the wine or kombucha pairing to see the full range. Prices have risen since it opened, so confirm when you book.
Book Encanto direct; take the vegetarian tasting and the kombucha pairing.
4.Marlene
Marlene Vieira's harbourside kitchen with an open counter, at 170 euros for twelve moments. Take it for modern Portuguese cooking with a view of the pass.
Marlene, on the Doca Jardim do Tabaco by the cruise terminal at Santa Apolonia, is chef Marlene Vieira's flagship, a modern Portuguese kitchen with an open central counter. It won its first Michelin star in 2025, and the twelve-moment menu is 170 euros, with a shorter nine-course option below it. The cooking crosses Portuguese tradition with global technique, and the room looks onto the kitchen. This is the booking for a diner who wants ambition and a sense of the cook at work. Reserve ahead and ask for a seat near the counter.
Book Marlene direct; take the twelve-moment menu and a counter-side table.
5.Grenache
Philippe Gelfi's French-rooted one-star kitchen in a hidden Alfama courtyard, the Menu Grenache at 135 euros. Take it for classic technique on Portuguese seafood.
Grenache hides in the Patio de Dom Fradique courtyard below Castelo Sao Jorge in Alfama, where Avignon-born chef Philippe Gelfi, who trained under Christian Etienne and at two-star Le Gabriel in Paris, cooks modern French food on Portuguese produce. It holds one Michelin star in the 2026 guide, and the five-course Menu Grenache runs 135 euros, the longer nine-course Menu Experience 165; the red mullet with saffron Carolino rice and bouillabaisse is the dish to order. This is the booking for a diner who wants classical French precision rather than experiment, in one of the city's prettiest hidden rooms. It serves dinner Thursday to Monday only, so reserve ahead and plan around the Tuesday and Wednesday closure.
Book Grenache direct; take the Menu Grenache and the red mullet course.
6.Feitoria
Andre Cruz's one-star kitchen by the Tagus in Belem, the Semente menu from 135 euros. Take it for a polished riverside tasting.
Feitoria, inside the Altis Belem hotel on the Tagus waterfront in Belem, holds one Michelin star under chef Andre Cruz. The Semente menu comes in Leaf, Roots and vegetarian versions, the cooking contemporary and Portuguese-rooted, with tasting menus around 135 euros and a six-course vegetarian option at 115. This is the most polished, hotel-smooth booking on the list, the table for a diner who wants a one-star riverside dinner with full service and a wine cellar behind it. Reserve ahead, especially in summer, and ask for a table toward the water.
Book Feitoria direct; take the Semente menu and a table toward the river.
Not under $200
Worth it, but budget more
Belcanto. Jose Avillez's two-star flagship at Largo de Sao Carlos is the best-known fine-dining room in Lisbon, but its tasting menus run 165 to 185 euros and the full signature experience reaches 250, putting the headline meal over the 200-dollar line. It is worth the spend for a landmark occasion, but it does not belong on a value list. Budget more, or keep it for a celebration.
How to eat a great tasting menu in Lisbon for less
Lisbon rewards taking the shorter menu. At several of these rooms the flagship tasting sits just under 185 euros while a longer version pushes past it, so the value move is to book the eight-course at Epur or the shorter Semente menu at Feitoria rather than the extended menus. Reserve one to two weeks ahead, since the one-star rooms are small and the best weekend tables go first.
For the lowest spend with a star attached, Feitoria and Epur lead; for the most ambitious cooking, Loco surprises course by course. Note that Alma, long a fixture here, closed in 2025, so its old slug is defunct. The full Lisbon restaurant guide and our Lisbon chef's tables cover the rooms above this price band.
Frequently asked
What is the best tasting menu under $200 in Lisbon?
Epur has the best tasting menu under $200 in Lisbon, an eight-course Inspiracoes menu for 150 euros from one-star chef Vincent Farges in Chiado. For the most inventive cooking, Loco's sixteen-moment menu is 160 euros, and for the lowest spend, Feitoria's Semente menu starts at 135 euros with a Michelin star. All sit comfortably under the rough 185-euro equivalent of $200.
Which Lisbon Michelin restaurants are under $200?
Several one-star rooms in Lisbon serve tasting menus under the roughly 185-euro equivalent of $200: Epur at 150 euros, Encanto at about 155, Loco at 160, Marlene at 170, Feitoria from 135 and Grenache from 135. Each holds at least one Michelin star in the 2026 guide. Prices are per person before drinks, so add wine pairings when you budget.
Is Belcanto under $200?
No. Belcanto, Jose Avillez's two-star flagship in Chiado, runs tasting menus of 165 to 185 euros, with the full signature experience reaching 250, so the headline meal sits over the $200 line once drinks are added. It is worth the spend for a landmark occasion, but for a tasting menu under $200, Epur, Loco and Feitoria are the better-value picks.
Where is the best-value tasting menu in Lisbon?
Feitoria offers the lowest-priced tasting menu among Lisbon's one-stars, a Semente menu from 135 euros with a six-course vegetarian option at 115, by the Tagus in Belem. Epur is close behind at 150 euros for eight courses with a star. Both deliver one-star cooking for well under the rough 185-euro equivalent of $200, which makes Lisbon one of the best-value fine-dining cities in Europe.
Do you need to book these Lisbon tasting menus ahead?
Yes. The one-star rooms here are small and book out, especially on weekends, so reserve one to two weeks ahead and earlier in summer. Take the shorter flagship menu to stay under $200, flag any dietary needs when you book, and add the wine pairing if you want the full range. Confirm the current menu price at the time of booking, since prices have crept up.
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