Investing in a unique factory space like the former Olive Oil Mill in Marmelete can be a lucrative opportunity. Available for €850,000, this property encompasses 610m² of constructed space and offers a living area of 551m², ideal for entrepreneurs looking to make a mark in the Algarve.
The former mill, built pre-1951, retains its historical features and is set on a 780m² plot, providing ample room for expansion or bespoke renovations. The solid stone construction and new roof ensure longevity, while the design allows for plenty of natural light through its numerous windows, enhancing the work environment.
The large ground floor area includes three separate rooms, perfect for various business setups from offices to workshops, while the first floor offers a stunning open space with amazing visual overlooks ideal for meetings or creative tasks. With spectacular views of the surrounding countryside, you'll find it an inspiring place to work.
Located within a quaint village with a population of around 800, Marmelete provides a close-knit community atmosphere while still being near amenities. Commuting to scenic beaches just 24.8 km away provides additional allure for potential customers and staff. The property also benefits from good accessibility via tarmacked roads, which is important for logistics and transport.
This factory space not only offers an opportunity for business development but also contributes to Portugal's thriving tourism sector, making it a promising investment for future growth. Consider this distinctive property and reach out today to learn more about your investment potential!
• 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
