The village of Peio is located on a sunny slope at an altitude of 1,600 m a.s.l. about 1 km away from the thermal village of Peio Fonti and counts about 400 inhabitants. The houses in traditional architecture are separated by narrow and steep alleys. Peio is the seat of the Museo della Guerra Bianca, displaying a collection of relics, weapons and pictures of the Tonale and Ortles frontlines from the First World War. The village is overlooked by the 3,645 m high Monte Vioz in the Ortles-Cevedale-Group.

Along the road to Peio Fonti you can observe deer and roe deer at the animal park at Runcal as they are used to approaching visitors. Near Malga Talè, easily reachable by foot from Peio, you can admire an exhibition dedicated to the wild birds living in the Alps. More ambitious hikers and alpinists can take the itineraries to the Doss dei Cembri and Mantova mountain huts, towards Lago del Careser or to the Cevedale glacier, starting from Peio.