The main venue of the festival since 2010 is the Teatro del Lago (Theatre of the Lake), a theatre and concert hall housed in a 10,000 m2 building. Opening on November 6, 2010 after 12 years in development, it is located right on the shore of Llanquihue Lake so that the interior auditorium enjoys a view of the snow-capped Osorno Volcano across the lake.