Located 5 km from the centre of town, it was formerly owned by the fishermen's union. It dates back to the tenth century and has a small chapel called the Mare de Déu de Gràcia (Our Lady of Grace) chapel. The buyer, an American named Nicolau Font i Maig, had this chapel built and extensive restoration and refurbishment done, among which the Cross and the Angel are noteworthy.

A marble statue of Nicolau Font i Maig from 1911 was placed in front of the Sanctuary in his honour.

The original hermitage was called Sant Pere Salou. It is said that Benedictine monks inhabited the monastery until it was set afire by French invaders in 1694. The monks then joined the community of Sant Pere de Galligens and the monastery was closed. The statue of the Virgin was moved to the parish church where it is still venerated by the faithful. In 1789 the hermitage was rebuilt in Baroque style - the previous style had been Gothic. But the golden age of Sant Pere did not begin until 1860 when the chapel and the land were purchased by Nicolau Font i Maig, known as "Count Jaruco". La Verge de Gràcia was, and still is, the most lordly estate in Lloret.

Mr. Font i Maig could hear mass through a lattice overlooking the high altar without getting out of bed. The mortal remains of the family rest in marble tombs in the chapel's crypt. The May First festivities commemorating the existence of the hermitage since the year 1703 have a very traditional and popular flavour. The hermitage is located far away from the village and the townspeople would get ready the night before for their trip to Ntra. Sra. de Gràcia, with the intention of spending the whole day there. After high mass there would be a procession to the Cross where a priest would address the faithful in the middle of the forest. Following this, the Choir of the Daughters of Maria would sing the Hymn to the Cross by Mossen Cinto Verdaguer with music by the maestro Candi, and the village people would sing the tune "Sacred cross, beloved cross of our hearts".