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What is the cost of an Oliver Oil Mill property for sale in Marmelete?

Factory in Marmelete

ref. LG2020
6.346.613DKK
  • G
  • 1
  • 551m2
  • 780m2
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The cost of the impressive Oliver Oil Mill property in Marmelete is listed at €850,000. This substantial former olive oil factory offers an expansive living area of 551m² and a constructed area of 610m², nestled on a generous 780m² plot. Ideal for investors, this property represents a unique opportunity to purchase a commercial space with potential for redevelopment into a thriving business or alternative uses. Marmelete is located in the picturesque western Algarve hills, providing a charming setting just 24.8 km from the beach. Additionally, the area is known for its community spirit, with approximately 800 inhabitants and local amenities that cater to residents. The factory features a solid stone construction with numerous windows, flooding the space with natural light and showcasing spectacular views of the surrounding countryside and village. With a new roof installed, the property is ready for transformation, whether for commercial use or private investment. Contact us today to learn more about this unique opportunity to purchase a distinctive piece of Algarve history!

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
WC
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
Enquire Now   +