If you're seeking a commercial property with incredible potential in the Algarve, look no further than this former olive oil mill for sale in Marmelete. Priced at €850,000, this expansive site spans 780m², with a substantial 610m² of constructed area on two floors. The property is rich in historical character, having once functioned as an olive oil production factory, making it a unique investment opportunity for those looking to tap into the region's rich agricultural heritage. It features solid stone construction with a new roof, large rooms, and a plethora of windows that invite natural light, positioning it for diverse business possibilities. The geographical location is also advantageous, being just a short drive to the beach and local tourist hotspots, perfect for attracting visitors. In addition to great views of the surrounding countryside, Marmelete boasts a close-knit community and essential amenities which enhance its liveability. Investing here could yield fruitful returns given the agricultural history and the potential for local tourism. Don't hesitate to seize this chance to own a piece of the charming Algarve. Schedule your viewing today to explore what this property has to offer!
• 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
