Properties with stunning views in Marmelete, Algarve, include the remarkable former Olive Oil Mill, available for €850,000. This piece of real estate spans a substantial area of 551m² for living and 610m² of constructed space, providing ample opportunities for development.
What sets this property apart is its extraordinary vantage point, with gorgeous views from both floors. The large windows allow for an abundance of natural light while also showcasing the scenic countryside and village views surrounding the property.
Constructed prior to 1951 and designed with solid stone, the mill has retained its unique character and original features. The flexible layout is perfect for buyers seeking commercial opportunities, whether it's transforming it into a boutique hotel, a restaurant, or another creative venture.
Located in the heart of a vibrant community, this unique setting not only offers tranquility but also essential amenities within reach. The distance to the nearest beach is only 24.8 km, enhancing its attractiveness to tourists and locals alike.
Investors and visionaries alike will appreciate the potential of this property. With a new roof and solid construction, it's ready for the right buyer to unlock endless possibilities. Don’t let this opportunity pass; contact us today to arrange a viewing and discuss your vision!
• 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