One of the best properties with breathtaking countryside vistas in Marmelete is the former Olive Oil Mill, now available for €850,000. This historic building features an expansive living area of 551m², coupled with a total constructed area of 610m², making it an ideal investment for those who appreciate traditional architecture with modern potential. Situated in the scenic western Algarve hills, this property offers magnificent views that captivate any visitor. The large windows throughout the property invite abundant sunlight, enhancing the fresh and inviting atmosphere. The two-storey layout provides numerous possibilities for adaptation or renovation, providing the perfect canvas for a hospitality business, workspace, or a multifunctional commercial venue. Local amenities, community charm, and proximity to natural attractions enrich the property’s appeal, while its 780m² plot allows for outdoor expansions or leisure areas. As a promising investment in a picturesque location, this property holds substantial potential for both operation and appreciation in value. For buyers seeking properties with stunning views and strong investment potential, this opportunity cannot be missed. Get in touch today to arrange a viewing and explore 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
