La Caperucita y El Lobo.

Perched on Cerro Florida in the former home of owner Carolina Gatica’s grandmother, La Caperucita y El Lobo (Little Red Riding Hood and the Wolf) balances whimsical storytelling with serious coastal cooking. The interior is a labyrinth of intimate, eccentrically decorated rooms featuring pink velvet seating and walls lined with vintage spoons. While the decor leans into the fairy tale theme, the menu is rooted in the reality of the Valparaíso landscape, focusing on hyper-local ingredients. Expect refined takes on rabbit, lamb, and fresh Pacific seafood. For the best experience, aim for a table on one of the upper-floor balconies; they offer some of the city's most unobstructed views of the colorful hills and the bay, particularly striking as the sun sets over the harbor.