The former olive oil mill in Marmelete is one of the best locations to buy a large factory with excellent potential in Portugal. This expansive property, featuring 610 m² of constructed area, was once a bustling olive oil production site and is now available for €850,000. The mill offers significant versatility, with a ground floor that includes multiple rooms and an additional large open area on the first floor that showcases beautiful countryside views. Located in the scenic western Algarve, Marmelete is just 24.8 km from stunning beaches and a thriving community. The proximity to essential local amenities and the area's popularity for cork production further enhance this factory's investment potential. With a solid stone structure and a new roof, the property is ready for transformation into a successful commercial venture. This unique investment not only offers a spacious layout but also a chance to capitalise on the growing local economy. Don’t hesitate – explore the potential of this exciting opportunity 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
