This riverfront institution is constantly packed with locals, which is always a good sign that you've come to the right restaurant. The Argentine owner Teodoro Poulsen serves beef and chicken in fine Argentine parrilla style. This is perhaps the finest steak house in Chile's Lake District. Though the restaurant bills itself as the "king of steak," you might consider the chicken (milanesa de pollo) instead. To do it right, order a bottle of wine from their excellent wine list to accompany your meal.
Arturo Prat 653, Valdivia, 5090000, Chile