Excellent investment opportunity in Vila das Capelas, on the north coast of São Miguel Island. This 2,540 m² plot is currently classified as rustic land but is located within an urban planning area, offering excellent appreciation potential and the possibility of developing an urbanization project, subject to approval by the relevant authorities. One of its greatest highlights is the panoramic view of the mountains, the Atlantic Ocean, and the entire north coast of São Miguel Island, providing a unique landscape and an exceptional natural setting. The property includes several support structures, namely: Traditional kitchen; Storage building (warehouse); Greenhouse. The land is well maintained and features various fruit trees, making it ideal for agricultural activities, leisure, or for those seeking the tranquility of the countryside without giving up future development potential. Located in a peaceful and privileged area of Vila das Capelas, it is close to shops, services, schools, and main access roads, combining rural serenity with everyday convenience. Whether you are looking for a secure investment or a property for a residential or tourism development project, this land offers a unique combination of prime location, stunning views, existing facilities, and outstanding development potential.