The impressive former olive oil mill in Marmelete is currently available for sale at €850,000. Situated in the picturesque western Algarve hills, this property boasts a total living area of 551 m² and a constructed area of 610 m², offering ample space for a new commercial venture or unique residential transformation. With a generous plot size of 780 m², the building retains original features and equipment, making it a compelling investment opportunity. Only 24.8 km from the beach and a short drive from local amenities, this location provides significant potential for growth. The property also includes a large open-plan ground floor with three separate rooms and a restroom, perfect for various business ideas. The first floor features a magnificent open space with numerous windows highlighting spectacular countryside views. This building, with a new roof and solid stone construction, is set up to flood with natural light. Accessible by tarmac road, it has outdoor parking and courtyard/patio areas for added functionality. Being located roughly 15 km from schools and 94.7 km from Faro airport further enhances its appeal for buyers seeking commercial spaces in a tranquil yet connected setting. Contact us to schedule a viewing today!
• 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
