Exploring the potential of redeveloping an industrial site in Marmelete? Look no further than this former Olive Oil Mill, listed at €850,000, offering vast possibilities in the heart of the Algarve. With a total constructed area of 610m², the property is primed for transformation into a thriving business hub or community space, capitalising on its location within a picturesque village rich in culture. The solid stone construction and new roof provide a reliable foundation for new development projects, while its generous plot size of 780m² allows for creative planning and expansion. Just 24.8 km from the nearest beach and surrounded by stunning hills, this site offers not only business potential but also the chance to integrate leisure and community activities. The numerous windows with fantastic views can create inviting environments for future tenants or customers. Marmelete’s charming local community and its agricultural background, including cork production, add unique marketing opportunities for any new venture. Transforming this space will contribute to the local economy and attract visitors seeking authentic Algarve experiences. Don't let this fantastic opportunity slip through your fingers. Contact us now to discuss your vision for this unique property!
• 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
