Purchasing the solid stone factory in Marmelete presents numerous benefits for potential buyers. Priced at €850,000, this former olive oil mill not only boasts solid stone construction but also encompasses a generous 610m² of space, offering ample room for various commercial ventures. With many windows flooding the interior with natural light and providing beautiful views, this property creates an inviting atmosphere for both employees and customers. Discerning investors will appreciate the versatility of this property, as it can be transformed into diverse business types or even adapted for residential use. Located in a vibrant village with local amenities and only 24.8 km from pristine beaches, the factory is ideally situated for attracting tourism and local residents alike. Additionally, the local industries, including cork production and beekeeping, add to the area's economic vibrancy. For buyers looking to establish a successful business or create a unique residential space, this property offers the perfect foundation. Don’t miss this opportunity – contact us now to arrange your viewing!
• 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
