Buying the unique industrial property in Marmelete, specifically the former Olive Oil Mill, is an opportunity not to be missed for savvy investors. Listed for €850,000, this spacious property offers a magnificent 551m² living area alongside a constructed space of 610m², ripe for transformation.
The massive size and strategic location in Marmelete make it ideal for various commercial applications. With its historical roots as a functioning olive oil factory, the mill retains its original character, including solid stone walls and expansive windows that flood rooms with natural light.
Nestled in a quaint village with approximately 800 inhabitants, potential business owners can enjoy a loyal customer base while contributing to local growth. It's also essential to highlight that this property is merely 24.8 km from the beach, attracting visitors looking for a unique experience in the Algarve.
A new roof significantly enhances this property’s value, ensuring longevity for its future use, whether it's for cafes, studios, or boutique shops. The stunning countryside views further elevate the property’s appeal, aligning with buyers who appreciate picturesque environments.
This property offers more than just space; it provides a chance to be part of a dynamic community while investing in a promising location. Seize the moment and explore this unique opportunity—contact us today for further information!
• 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
