In the Monchique area, you can find an exceptional former olive oil mill for sale located in nearby Marmelete. This property offers a unique combination of historical charm and commercial potential at a competitive price of €850,000. With a spacious living area of 551m² and a total constructed area of 610m², this building is perfect for entrepreneurial buyers seeking to establish a new business venture. The solid stone construction is complemented by many windows that flood the interior with light and provide stunning views of the surrounding countryside. Located in a small community with access to local amenities, it presents an ideal opportunity for those looking to create a thriving business in a picturesque setting. The property is just a short distance from Monchique and the coastline, making it an attractive location for tourists and locals alike. If you're exploring options for commercial real estate in the Algarve, this factory conversion is certainly one to consider. Contact us today for more details and to arrange 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