The impressive former olive oil mill in Marmelete is currently on the market for €850,000. This property offers a significant opportunity for buyers looking to invest in a unique commercial space with historical significance. With a generous living area of 551m² and a constructed area of 610m², this site is versatile enough for various business ventures, especially considering its previous use. The building features solid stone construction and a new roof, ensuring durability and longevity. Set in the heart of Marmelete, this former industrial site is surrounded by a charming village atmosphere with local amenities that cater to everyday needs. The property boasts large, light-filled rooms, with numerous windows offering stunning views of the surrounding countryside. Buyers can benefit from additional space on the ground and first floors, allowing for creative business applications or further development. Marmelete is strategically located in the Algarve, just 24.8 km from the beach and 17 km from Monchique, enhancing its appeal for both locals and tourists. Investing in this property also opens the door to potential development projects, as there may be opportunities for conversion into other business types, subject to planning permission. Don't miss out on this unique investment opportunity within a growing area! Explore this property today before it’s gone. Contact us to schedule a viewing!
• 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
