In Marmelete, the former Olive Oil Mill presents an excellent opportunity for business development, sold at €850,000. This expansive property stretches over 610m², featuring a generous 551m² living area, ideal for those looking to invest in a commercial venture.
The mill, steeped in history as an olive oil production site, possesses many of its original features, making it a unique asset in the Algarve market. With two floors and set on a spacious 780m² plot, the property can effortlessly accommodate a variety of business types. The ground floor offers a large open-plan layout with three distinct rooms, suitable for various operational needs, while the first floor can be transformed into vibrant workspace with incredible countryside views to inspire your team.
The strategic location in Marmelete, surrounded by a welcoming community, enhances its appeal for potential customers and employees alike. Being just 24.8 km from the beach not only invites tourism but also adds to the charm of this commercial opportunity. The structure is sturdy, featuring solid stone walls and a new roof, ensuring a secure investment.
Furthermore, the outdoor space allows for parking and the development of external areas for leisure or dining, positioning the property for a successful future business operation. As a growing hub, Marmelete is gaining attention, presenting new prospects for innovative entrepreneurs.
Consider this property for its potential to create a thriving business environment, fully capitalising on the local culture and scenic beauty. Don’t miss the chance to see how this unique building can transform into your next business venture. Contact us today 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
