For buyers interested in purchasing an olive oil mill in the Algarve, this impressive former mill in Marmelete is currently listed at €850,000. This unique property combines historical significance with modern potential, making it an exceptional investment opportunity. With an expansive constructed area of 610m² and a living area of 551m², the mill is well-suited for various commercial uses or as a residential conversion.
The property features solid stone walls, numerous expansive windows, and has been well-maintained with a new roof, ensuring the building's longevity. Located in the charming village of Marmelete, you will be part of a close-knit community and gain access to local amenities with ease. The picturesque village is known for its dedication to traditional crafts, including olive oil production, making this property an authentic choice for enthusiasts of Portuguese culture.
Notably, the site allows for extensive renovation possibilities, presenting options for either re-establishing the mill or developing a new venture while maintaining its historical integrity. With a distance of 24.8 km from the beach and 22.9 km from the nearest golf course, the appeal of this location is ideal for both personal and commercial pursuits. If you are considering entering the Algarve real estate market, act fast! Reach out today to learn more about this olive oil mill.
• 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
