Purchasing the impressive Olive Oil Mill property in the Algarve offers numerous benefits for prospective buyers. With a generous living area of 551m² and constructed area of 610m², this space provides substantial room for business or creative ventures. Situated in the picturesque village of Marmelete, the property boasts breathtaking views of the surrounding countryside, enriching both the atmosphere and potential customer experience. Perfect for buyers looking to capitalise on the growing agricultural and tourism markets, this property is adjacent to local industries that complement its history, such as cork production and beekeeping. Its strategic location, just 24.8 km from the beach, makes it an attractive option for visitors and locals alike. The building's solid stone walls and new roof ensure durability and low maintenance in the long term. Buyers will appreciate the ease of access to mains water, electricity, and drainage already in place, simplifying the setup process. At a price of €850,000, this investment represents a blend of commercial opportunity and cultural heritage. Don't miss out on the chance to own a piece of the Algarve's history — contact us to schedule a viewing 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
