We went here twice during our stay in Furnas (at the "other" fancy hotel). First time was for Pizza since they have a wood-fired pizza oven. The selection of Pizzas and available toppings could be improved but overall we were very happy for a change from standard traditional local fare.
Second time was grilled tuna (good) and the chicken (exceptional !!). The chicken was the most tender and tasty grilled chicken I've had so far in any restaurant. It comes with banana chips and a banana (green bananas, not the sweet ones) sauce that is simply to die for.
Prices for food and drinks are ok and definitely more affordable than at the "other" hotel-restaurant. Overall I would say I preferred A Terra to its competition.