If you're wondering how to convert an Olive Oil Mill into a commercial venture in the Algarve, consider this remarkable property in Marmelete, priced at €850,000. The former mill offers an expansive living area of 551m² across two spacious floors, providing ample space for creative transformations. Nestled in a quaint village known for its local production of cork and agricultural goods, this property is ripe with potential for versatile business opportunities. The mill retains its original features, including equipment ready to facilitate a new venture in food production, hospitality, or even a unique shop selling local artisans' products. Set on a 780m² plot, the building's solid stone construction, new roof, and large windows create an inviting atmosphere of warmth and light. Its location, just 24.8 km from the beach and surrounded by scenic hills, enhances its appeal to both residents and visitors. With investment incentives available for commercial properties in the region, this olive oil mill presents a promising financial opportunity. For those aspiring to establish a successful enterprise in a vibrant community, this property is an excellent choice. Start your journey by contacting us to discuss how this unique space can meet your commercial ambitions!
• 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
