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How can I repurpose an old factory in Marmelete into a thriving business?

Factory in Marmelete

ref. LG2020
724.053£
  • G
  • 1
  • 551m2
  • 780m2
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Repurposing the former olive oil mill in Marmelete into a thriving business is a fantastic opportunity for innovative buyers. With an asking price of €850,000, this large property stretches across 610m², set upon a 780m² plot of land. Originally constructed before 1951, it still holds many original features, providing a distinctive character that can attract clientele. The expansive ground floor offers an open layout with three separate rooms, making it versatile for various commercial functions, from retail to offices. The first floor boasts impressive views and is filled with natural light through numerous windows, perfect for creative spaces or studios. Furthermore, the location in the Western Algarve hills enhances the appeal of this property, placing it halfway between the breathtaking coast and the mountain town of Monchique. Ideal for aspiring entrepreneurs, it provides ample outdoor parking and external areas suitable for courtyards, which could enrich customer experiences. The combination of a rich history, natural beauty, and location forms a compelling business venture. For guidance on transforming this space into your business dream, contact us to schedule a consultation!

Usage
Commercial
Type
Factory
Town
Marmelete
Parish
Marmelete
Municipality
Monchique, Faro
Region
Algarve (West)
Construction Year
1951
Rooms
6
Bathrooms
1
Floors
2
Living Area
551 m²
Usable area
610 m²
Plot Area
780 m²
Tarmac
Parking outdoors
WC
Mains electric, Mains water, Mains drainage
Countryside View, Village view
• 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
Enquire Now   +