Istanbul, February 11 – As the holy month of Ramadan begins, the cost of iftar dinners in Istanbul has once again come under scrutiny. Luxury hotels along the Bosphorus are seeing significant price increases, with some options for a four-person family exceeding the current minimum wage.
Luxury Iftar Options See Significant Price Hikes
The cost of iftar menus at high-end hotels along the Bosphorus has risen sharply, with some establishments implementing increases close to the inflation rate. Çırağan Palace remains the most expensive iftar destination in Istanbul this year, with a 30 percent price hike.
In 2025, the iftar menu at Tuğra Restaurant in Çırağan Palace was 6,000 TL per person. For 2026, this price has climbed to 7,800 TL per person, bringing the total cost for a family of four to 31,200 TL. This amount surpasses the 28,000 TL minimum wage by approximately 3,000 TL.
Four Seasons Hotel Beşiktaş also saw a significant increase, with its open buffet iftar rising from 4,950 TL in 2025 to 5,950 TL this year, representing a 20 percent increase. The set menu iftar at the same hotel increased by 11 percent, from 5,250 TL to 5,850 TL.
Other Notable Price Adjustments
At Raffles Hotel, the open buffet iftar with live fasıl music, which cost 4,950 TL per person in 2025, is now set at 5,950 TL, also reflecting an approximately 20 percent increase.
Meanwhile, some of Istanbul’s renowned restaurants have opted for fixed-price menus with comparatively lower price increases. Kaşıbeyaz Florya’s iftar dinner, which was 2,500 TL per person in 2025, increased by 8 percent to 2,700 TL in 2026. Beyti Florya saw a 22 percent rise, with prices going from 4,500 TL to 5,500 TL.
Liman Restaurant at Galataport offers iftar for 3,900 TL per person, while Hamdi Restaurant maintained its previous year’s menu price at 2,250 TL. Develi’s iftar menu increased by 13 percent, from 2,600 TL to 2,950 TL.
Affordable Options and Broader Implications
For those seeking more budget-friendly options, small restaurants and fast-food chains offer iftar menus, including a main course and dessert, starting from 500 TL. This means the lowest cost for a family of four to have iftar outside is approximately 2,000 TL.
The rising input costs, inflation, and the quality of service and views offered by establishments are key factors driving these prices. Consequently, dining out for iftar has become an option for a limited number of people, moving away from being a widespread tradition for the general public.
Source: https://www.odatv.com/guncel/istanbul-bogazinda-iftar-asgari-ucreti-asiyor-120135246
