Farm, Capelo, Ilha do Faial

Property comprising four independent dwellings set on a 4,015 m² plot, in the parish of Capelo, close to the Capelinhos Volcano, on Faial Island. Property layout: House 1 – 2-bedroom (84 m²): Restored former holiday home, retaining its original rustic character. Living room, kitchen, two bedrooms (one en suite) and bathroom. House 2 – 2-bedroom (80 m²): Recent construction with a contemporary finish. Open-plan living, dining and kitchen area, two bedrooms, bathroom, laundry room and garage. House 3 – 1-bedroom (30 m²): Timber construction. Living area with kitchenette, bedroom and bathroom. House 4 – Studio (25 m²): Restored stone building. Integrated living, kitchen, sleeping and bathroom area. All dwellings are fully furnished and equipped, ready to occupy or generate income immediately. Outdoor space: Approximately 3,900 m² of landscaped grounds with native vegetation — heather and beech trees — and shared leisure areas. Proven rental performance All four dwellings maintain consistent occupancy throughout the year, under both short-term holiday rental and long-term lease arrangements. The property offers the ability to run multiple independent accommodation units, enabling diversified income streams and reduced vacancy risk. Tourist demand in the Capelo area has grown steadily, driven by proximity to key attractions including the Capelinhos Volcano, the Varadouro Natural Pools, Fajã Beach and the hiking trails of Parque do Capelo. Contact the ERA Horta/Pico team to schedule a viewing. Don't miss this investment opportunity.