The complex was a 5-star hotel that opened in 1989. There were around 90 bedrooms as well as two restaurants, a bar, conference rooms and its own basement nightclub.
The hotel was built overlooking the beautiful Sete Cidades which is the home of the Lagoa Azul and Lagoa Verde, is situated on the west side of São Miguel, the largest island in the Azores archipelago.
The Monte Palace hotel received the award for being Portugal’s finest on the same week that the hotel closed its doors for good. Just 18 months after it opened, the owners declared bankruptcy and the building was left to the elements.