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How much does the commercial property in the heart of Marmelete cost?

Factory in Marmelete

ref. LG2020
850.000€
  • G
  • 1
  • 551m2
  • 780m2

The commercial property in the heart of Marmelete, formerly an olive oil mill, is currently listed for €850,000. This price reflects the property's significant size, with a total constructed area of 610m² and a living area of 551m², offering ample space for various business ventures. Located in a charming village that has maintained its community-focused atmosphere, this property is a prime opportunity for those looking to invest in a thriving industrial area. Built before 1951, the building retains its original equipment, appealing to buyers interested in historical features combined with modern potential. The two-floor design, complemented by large windows that flood the space with natural light, creates an inviting atmosphere crucial for successful business operations. Situated approximately 24.8 km from the beach and 22.9 km from the nearest golf course, it is well-positioned for attracting both residents and tourists alike. Mains water, electricity, and drainage are readily available, ensuring ease of utility connections. With the area renowned for cork and black Iberian pig industries, this property holds promise for various commercial applications. Explore this opportunity today before it’s gone!

Usage
Commercial
Type
Factory
Town
Marmelete
Parish
Marmelete
Municipality
Monchique, Faro
Region
Algarve (West)
Construction Year
1951
Rooms
6
Bathrooms
1
Floors
2
Living Area
551 m²
Usable area
610 m²
Plot Area
780 m²
Tarmac
Parking outdoors
Mains electric, Mains water, Mains drainage
Countryside View, Village view
• 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
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