Investing in commercial property in Marmelete is a compelling option, particularly with this former olive oil mill listed for €850,000. This property offers an abundance of space, featuring a total constructed area of 610m², making it suitable for a range of business opportunities or potential residential conversions. With solid stone construction and large open-plan spaces that allow for natural light, this property presents an excellent investment choice in a growing area of the Algarve.
Located in a pleasant village known for its cork and traditional industries, you will benefit from a supportive community that encourages new business ventures. The mill's large windows and spacious layout ensure that the property is conducive to creative redevelopment, whether you're considering a restaurant, a boutique hotel, or an artisan workshop.
The environment provides a serene setting while remaining close to essential amenities. Being just 24.8 km from the beach enhances the property's appeal, making it convenient for leisure activities, thus attracting tourism, which is vital for any business. With a good distance to Faro airport and local schools, potential buyers can be assured of accessibility and appeal to families and tourists alike. Seize this chance to invest in a unique commercial property with a promising future. Contact us now to discuss this opportunity further!
• 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
