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What is the price of a former Olive Oil Mill for sale in Marmelete?

Factory in Marmelete

ref. LG2020
796.292CHF
  • G
  • 1
  • 551m2
  • 780m2

This impressive former Olive Oil Mill in Marmelete is available for €850,000. Located in the scenic western Algarve hills, this property offers substantial space and potential for various commercial opportunities. With a substantial living area of 551m² and a constructed area of 610m² across two floors, this building is well-suited for a new business venture. The building's solid stone construction and new roof provide durability and charm. Flooded with natural light from numerous large windows, the interior presents a welcoming atmosphere with spectacular countryside views. Just 24.8 km from the beach and surrounded by a peaceful village community of around 800 residents, the location is ideal for buyers seeking tranquillity and business potential. Conveniently positioned between Aljezur and Monchique, this property offers accessibility to local amenities and industries, including cork production and beekeeping. Its strategic location also provides a promising investment opportunity with prospects for transformation into a thriving commercial space. Additionally, the exterior features ample parking and courtyard areas for added utility. Don’t miss out on this exceptional opportunity. Contact us today for more details!

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
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
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