In town, there are several options for honest home-style cooking. Padaria Paremol (Rua Manuel de Aguiar 60, tel. 12/3116-1136, daily for lunch, R$5–10) is a retro-style bakery that serves up hearty lunches such as roasted pork with feijão, salad, and macaroni.
Restaurante 418 (Praça Pedro Ramos, tel. 12/3116-5418, daily for lunch and dinner, R$10–20) is a cozy combination bar/restaurant where all the locals hang out. It’s a perfect spot for tasty sandwiches as well as filet mignon and french fries.
For alfresco dining, head to the Restaurante Estação (Av. Rubem de Melo 53, tel. 12/3116-1287, daily for lunch and dinner, R$15–25) facing Bananal [1]’s train station. Deliciously grilled local trout is accompanied by an enormous heart of palm salad. For dessert, try the homemade doces—preserved fruits such as green papaya and orange served with a slab of creamy white cheese.
Links:
[1] http://www.moon.com/destinations/brazil/sao-paulo/serra-do-mar/bananal