The former Olive Oil Mill in Marmelete is available for sale at a price of €850,000. This impressive property spans a living area of 551m² and a constructed area of 610m², situated on a generous plot of 780m². Originally built before 1951, the building has retained its unique charm with solid stone construction and numerous windows that flood the interior with natural light.
Located in the heart of Marmelete, this property offers potential for various commercial ventures. With the ground floor accommodating a spacious open-plan area and additional rooms, it's ideal for businesses looking for flexible space. The upper level boasts spectacular countryside views, further adding to its appeal.
Marmelete itself is a quaint village of around 800 residents, featuring essential amenities and a strong sense of community. The property is just 24.8 km from the nearest beach and 22.9 km from a golf course, making it an attractive option for both locals and visitors. Moreover, the new roof adds to the asset value, ensuring durability for future endeavours.
Investors will find this location advantageous, given its historical importance and the potential for lucrative ventures. Whether as a starting point for a new business or for renovation into a unique space, this property is perfect for buyers looking to invest in Algarve's thriving market. Contact us now to schedule a 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
