Discover a unique investment opportunity with this impressive former Olive Oil Mill located in Marmelete, Algarve, listed for sale at €850,000. This property boasts a generous living area of 551m² and a constructed area of 610m² on a substantial 780m² plot. Its solid stone construction and new roof ensure reliability, while its numerous windows flood the space with natural light and offer spectacular countryside views. Perfect for buyers looking to convert a historic site into a commercial venture, the property still retains all the original features and equipment from its olive oil production days, presenting a rare chance to revive a traditional industry. Situated in a charming village with a community of about 800 inhabitants, this mill is also strategically located just 24.8 km from the beach and 22.9 km from the nearest golf course. With the potential for various commercial uses, subject to project submission and approval, the mill could thrive again as a bustling business hub. The property also has ample outdoor parking and external areas suitable for a courtyard or patio, ideal for creating inviting customer experiences. Explore the local amenities and the surrounding natural beauty of the Algarve hills, making this an attractive area for residents and tourists alike. Don't miss out on this remarkable opportunity to invest in a piece of local heritage and create a successful enterprise. Contact us today to learn more!
• 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
