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Which commercial properties in the Algarve offer great investment potential?

Factory in Marmelete

ref. LG2020
9.326.214SEK
  • G
  • 1
  • 551m2
  • 780m2
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In terms of investment potential, the former olive oil mill in Marmelete stands out among the commercial properties available in the Algarve. Retailing for €850,000, this substantial property covers 610m² and is situated on a 780m² plot, ideal for various commercial applications. Given its historical significance, boasting original features and equipment, there's potential for a lucrative return on investment. The solid stone structure and new roof ensure that the property is well-maintained, while the expansive interior, complete with large windows, cultivates an appealing atmosphere for clients and customers. Positioned in a community-centric village, this property benefits from nearby local amenities and the allure of being close to the stunning Algarve coastline, just 24.8 km away. Furthermore, its location in a village that is a hub for cork production and other local industries promises networking opportunities that can further enhance business prospects. For those looking to secure a solid investment in the Algarve, this mill presents a unique chance. Reach out now to explore this promising property and begin your journey as a business owner!

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
WC
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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