When considering the purchase of a former factory like the olive oil mill in Marmelete, buyers should assess several key factors. This property offers significant space, with a living area of 551m² and a constructed footprint of 610m², providing potential for diverse business uses. It features a robust stone construction, an ideal foundation for any renovations or modifications planned. With its previous function as an olive oil mill, there are many original components still in place, adding character and authenticity to the space. Additionally, location is paramount; situated in Marmelete, this property boasts views of the idyllic countryside while being only 24.8 km from the nearest beach. Buyers should also consider zoning regulations and the potential for project submissions and approvals as part of their investment strategy. Given the rising demand for industrial spaces that promote sustainable practices, purchasing this property could present a promising return on investment. Embrace the opportunity to create something unique in the Algarve. Contact us to learn more about this property and how it fits into your investment strategy!
• 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
