Discover an exceptional real estate opportunity in the sought-after parish of Capelo, Faial Island. Set in a peaceful, natural environment, this property features two adjacent urban plots with existing stone ruins—offering the perfect canvas to restore and build two traditional Azorean houses with unobstructed views of the Atlantic Ocean.
Whether you are looking to create a private family retreat, a boutique eco-resort, or a lucrative tourist accommodation project (Local Lodging / AL), this combined property offers scale, character, and location.
Breathtaking Ocean Views: Enjoy sweeping vistas over the Atlantic Ocean, lush green hills, and authentic island landscapes.
Traditional Volcanic Stone Ruins: Existing historic basalt stone walls provide authentic Azorean architecture to incorporate into your custom architectural project.
Direct Road Access & Utilities On-Site: Roadside access with existing infrastructure and utility connections for convenient development.
Prime Location in Capelo: Minutes away from the natural swimming pools of Varadouro, the iconic Capelinhos Volcano, forest parks, and walking trails.
High Investment Potential: Ideal for rebuilding two independent villas—live in one and rent the other, or develop a premium holiday rental unit.
Together, the two plots offer a total land area of 2.178 m2:
Total Land Area: 1.210,00 m2
Existing Building Footprint / Gross Construction Area: 58,00 m2
Status: Urban plot with traditional stone ruin ready for reconstruction.
Total Land Area: 968,00 m2
Existing Building Footprint / Gross Construction Area: 40,00 m2
Status: Urban plot featuring a traditional single-story home/ruin with surrounding land.
Located on the sunny western side of Faial, Capelo is renowned for its mild microclimate, dramatic volcanic geology, and peaceful countryside ambiance.
Varadouro Thermal Baths & Coastal Pools: approx 5 mins
Capelinhos Volcano & Visitor Center: approx 7 mins
Horta City Center & Marina: approx 25 mins
Horta Airport (HOR): approx 15 mins
Opportunities to purchase side-by-side urban plots with existing ruins and ocean views in Capelo are increasingly rare.
📩 Contact us today to request full details, schedule a site visit, or discuss project possibilities!
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