Ribeiro Frio is a very small village from which there are a couple of Levada walks including walks in ancient Laurel forest. There are a couple of cafes/restaurants and a number of viewing points near Ribeiro Frio where you can enjoy dramatic viewpoints of the mountainous landscape.
One of the levada walks from Ribeiro Frio is signposted for Balcoes. It is around 20 minutes walk to reach Balcoes where you are rewarded with a magnificent view of the awe inspiring valley. Well worth the trip.