About the place. Ribeira do Banho, villa Monchique is a true oasis, a perfect 2 storey, holiday villa if you are looking for rest and peace, and surrounded by nature! Located near the fairytale village of Caldos de Monchique, the villa Monchique is a luxury 7 bedroom, all en-suite, set in 5 hectares (12 acres) of private hilly. Great atmosphere, good food (huge portions), great choice of wines. The owners, I was told, had an antique shop and they've decorated the place with rural collectors items. We chose the octopus and a veal stew, both of them were good but we were expecting More. Thank MJoão C. mawcam. Cambridge, United Kingdom. Foz do Banho: Two for the price of one!!!!! - See traveller reviews, 42 candid photos, and great deals for Monchique, Portugal, at TripAdvisor.