The former olive oil mill in Marmelete is available for commercial purchase at €850,000. This impressive property, spanning 610m² of constructed area and situated on a 780m² plot, offers great potential for various business ventures. Its solid stone construction and new roof provide a strong foundation for repurposing this unique space into a thriving enterprise. With a vast living area of 551m², the property comprises an expansive ground floor with an open-plan layout, three separate rooms, and ample natural light from numerous large windows. The first floor similarly boasts an open space featuring stunning countryside views, making it an inspiring environment for any business. Located just 24.8 km from the beach, this property combines business with lifestyle, situated in the charming village of Marmelete, known for its tight-knit community and local amenities. The area is also a key supplier of cork and olive oil, providing networking opportunities for potential investors in related industries. Ideal for buyers looking to establish a commercial venue in the Algarve, this property can adapt to various objectives, from production to retail. With significant investment potential, converting this mill can lead to strong ROI. Contact us now to schedule a viewing and explore this unique business opportunity!
• 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
