This dissertation aims at understanding the space transformations by means its commodification, based on the study of a farm, in a rural area at first occupied by squatters and currently undergoing a process of expropriation, so that it is transformed into a settlement. These spatial transformations will be analysed in different moments, which encompass the examination of social production along the historical process during a period of approximately 100 years. Throughout the research, the focus was the change of the organisation of Cantagalo Farm space and its relation with the logic of urban expansion in various scales: global, national and local; the way in which the logic of the use of rural land is expressed in space; the way the new space functions contribute to its reorganisation. One of the methods of investigation in this research was description, understood as a fundamental element of geographical analysis, as it allows the perception of reality as a complex totality, in as much as new variables are added, giving shape to a more intricate whole in which the phenomena are interrelated. Another investigation method used was Dialectical and Historical Materialism, which lead to the understanding of space as a historical and social product in which a society, at a given historical moment, and from given economic and social relations of production, interacts with that space. The most important procedure for the fulfilment of this study was the fieldwork, whose details reported in the dissertation demonstrate its importance and the challenges faced along the process. The enquiries and interviews made with the inhabitants of Cantagalo Farm were enriched by the reports of 11 old dwellers, whose current memory of the past enabled a better understanding of this space. All the obtained results were disposed in a space-time matrix, used, throughout the research, as an operational procedure for reflection about the different manners in which the elements specified in the matrix (land, social subjects, work, production, nature, State, organisation and struggles) are interrelated and wound up, contributing to the understanding of the production of space in Cantagalo Farm.