If you're looking for a former factory with conversion potential in Marmelete, this impressive olive oil mill could be the perfect fit for you. The property features a generous living area of 551m² across two floors, and with a plot size of 780m², it offers ample space for various commercial ventures or even residential conversions. With its solid stone construction and new roof, this property boasts original features that enhance its charm and versatility, making it an appealing investment opportunity in the Algarve.
Set in the quaint village of Marmelete, home to around 800 inhabitants, the location provides a serene backdrop while being close to local amenities such as a community church and supply shops. The open-plan layout and large windows flood the space with natural light and provide spectacular views of the surrounding countryside. It's perfect for buyers looking to revamp a historical building into a modern enterprise or residence.
Accessibility is another highlight, as the property is situated about 24.8 km from the beach, providing a balance between village tranquillity and coastal activity. Whether you envision a successful business or a peaceful living space, this former factory offers limitless potential. With a distance of just 15 km to schools and connectivity to nearby towns like Monchique, this property suits diverse needs. Don't miss out on this unique opportunity. Contact us now for 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
