Investing in the former olive oil mill in Marmelete presents lucrative opportunities. With a large living area of 551m² and a constructed area of 610m², this property offers ample space for various commercial ventures. Its solid stone construction, combined with numerous windows that flood the interiors with light, enhances its appeal, making it ideal for buyers looking to establish a thriving business in the Algarve. Located in a community of around 800 inhabitants, the mill benefits from its historical significance and the potential for innovative redevelopment. Positioned just 24.8 km from the beach and 22.9 km from the nearest golf course, this site is attractive for tourism-related business ideas or agricultural ventures. Moreover, the local area is known for its cork and black Iberian pig industries, making it a prime location for agribusiness. Prospective investors can explore various options, including revitalising the olive oil production or transitioning into a different industrial or commercial use. The potential for a solid return on investment is underscored by the increasing interest in rural tourism and sustainable practices in the Algarve. Don't miss out on this unique opportunity to own a piece of local heritage while thriving in a vibrant community. Contact us today to learn more about the possibilities this property has to offer!
• 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
