Investing in a former industrial site like the olive oil mill in Marmelete is an excellent opportunity for savvy investors or entrepreneurs looking for a distinctive property. This site is currently listed for €850,000 and showcases impressive features, including a living area of 551m² and a constructed area of 610m² across two floors. The building itself retains many original features, offering a sense of authenticity that can be appealing to customers and visitors alike. With the versatility of its large open-plan space, the site can be adapted for various business uses, allowing creative minds to reimagine its potential. The mill's proximity to key tourist attractions and amenities enhances its marketability while ensuring it remains an attractive choice for future tenants or buyers. You’ll appreciate the breath-taking views from the numerous windows, filling the space with natural light. Being located in the Algarve, a desirable region in Portugal known for its beautiful landscapes and tourism, makes this property a strategic investment choice. With potential for redevelopment or expansion, this former olive oil mill is ripe for entrepreneurial ventures. Act now and contact us to discover the possibilities this unique property holds!
• 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
