This study implements the ecosystem service framework to link the concepts of farming activity and ecosystem restoration within the circular economy. It proposes a method for identifying social indicators of ecosystem restoration that can be taken into account in the transition towards more circular and sustainable agricultural systems. Using a case study located in semi-arid Mediterranean landscapes, we conducted a social sampling with 350 respondents to explore how an almond tree restoration changes perceptions and preferences for ecosystem services, and how these socio-ecological changes translate into indicators of natural capital and human wellbeing. Results not only indicated that the almond tree restoration induced changes in people´s preferences and perceptions for ecosystem services, such as an increase in ecosystem service diversity (i.e., local identity and erosion control), but they also demonstrated how the social and cultural benefits associated to ecosystem services can be used as indicators of human well-being (i.e., human health and access to goods). We suggest that the inclusion of social indicators of ecosystem restoration must be included in policies and initiatives for a transition to circular economy, and to achieve the challenges of the UN Decade on Ecosystem Restoration.