Investing in the impressive former Olive Oil Mill in Marmelete is a fantastic opportunity for both seasoned investors and newcomers. Located in the vibrant heart of the Algarve, this property is currently listed for €850,000 and features a vast 551m² living area with a constructed area of 610m².
This unique industrial property was once a flourishing olive oil factory and still houses original features and equipment, making it a rare find in the Algarve region. With substantial open-plan spaces on both floors, buyers have the freedom to innovate and create a path for the future of this property, be it as an industrial space or a commercial enterprise.
Marmelete offers a charming village atmosphere with a welcoming community, crucial local amenities, and the region's main supplier of products, making this property appealing for businesses looking to cater to local tastes. Business potential is not limited here; the property is approximately 24.8 km from the coast, providing easy access to tourist attractions.
With a new roof and solid stone construction, the property is ready for redevelopment to suit various business needs. Whether someone envisions a café, a boutique shop, or a creative workspace, this property holds promise. Don't miss your chance to explore this valuable investment; contact us today to discuss the possibilities!
• Business not in operation
• Living area 551m²
• Constructed area 610m²
• Plot 780m²
• 2 floors
• Year of construction - Pre-1951
• New roof
• Solid Stone Construction
• Numerous Windows flooding light into the property
• Spectacular Views
• Distance to the beach 24.8 km
The property was once a prominent Olive oil producing factory. It still has all the original features and equipment on the premises. This Impressive, and very large building. has potential to become another thriving industrial/commercial business, subject to project submission and approval.
Ground floor:
• Large open-plan space with 3 separate rooms and large entrance to side road
• Large windows
• Toilet
1st Floor:
• Large open space, numerous windows with fantastic views
• Solid stone walls and concrete floors
Outside:
• Parking spaces
• External areas for courtyard/patio
Amenities
• Mains Water
• Mains Drainage
• Mains Electricity
Location
• Distance to the beach 24.8 km
• Distance to the nearest golf course 22.9 km
• Distance to Faro airport 94.7km
• Distance to school 15 km
• Distance to Monchique 17 km
