This impressive industrial building in Marmelete is currently priced at €850,000, making it a valuable investment opportunity in the Algarve. The property encompasses a spacious living area of 551m² and a constructed area of 610m², perfect for various industrial or commercial purposes. It sits on a plot of 780m², offering potential for development or revitalization. Nestled in a scenic location, the building showcases beautiful countryside views and benefits from a wealth of natural light due to its numerous windows. With a new roof and solid stone construction, the property is structurally sound and ready for transformation into a thriving business. Additionally, it is easily accessible via tarmac roads, enhancing its appeal for potential buyers. Located only 24.8 km from the beach and close to local amenities, it combines convenience with tranquility. This is an ideal investment for those looking to establish a business or continue the legacy of the olive oil industry. Explore this opportunity to buy today!
• 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