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Which features make this olive oil mill a great investment opportunity?

Factory in Marmelete

ref. LG2020
141.727.982¥
  • G
  • 1
  • 551m2
  • 780m2

The former olive oil mill in Marmelete is an exceptional investment opportunity, featuring numerous key attributes that appeal to serious buyers. Currently listed at €850,000, this property spans 610 m² and showcases a robust solid stone structure with a new roof. Notably, its expansive ground floor includes an open-plan space with three separate rooms, offering flexibility for any entrepreneurial venture. The mill's first floor features large windows that fill the area with natural light, boasting spectacular views of the surrounding countryside. Its 780 m² plot provides additional outdoor spaces, including parking and courtyard areas. Located in the charming village of Marmelete, a hub for cork production and other local industries, the property enjoys a central position with vital amenities nearby. Additionally, this location is just a short drive from beautiful beaches and golf courses, making it attractive to both residents and potential visitors. The property's historical significance as a production site adds an extra layer of value, epitomising an ideal mix of charm and business potential. Contact us now to seize this remarkable opportunity!

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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