This impressive former olive oil mill in Marmelete is priced at €850,000 and offers breathtaking views for commercial buyers. With 610m² of constructed area and a plot size of 780m², it provides substantial space for those looking to invest in a dynamic commercial venture. The property has been carefully maintained with a new roof and features solid stone construction that hints at both durability and character. Investors will find it appealing that this property was once a bustling olive oil producing factory, still holding onto its original equipment and features. Marmelete itself offers a close-knit community of approximately 800 residents, making it an ideal location for attracting local clientele while still being within reach of tourist hotspots. Additionally, it is strategically located just 24.8 km from beautiful beaches and 22.9 km from golf courses, enhancing its appeal for leisure-oriented businesses. The extensive open spaces, abundant natural light from large windows, and a potential patio area, allow for diverse business uses. Property details such as mains electricity, water, and drainage are already in place, making it easier for new owners to get started. If you're searching for a commercial property in the Algarve with stunning views and great investment potential, this is an opportunity you can't overlook. Reach out now to organise a viewing!
• 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
