For buyers interested in properties with ample open spaces for business near Monchique, the former olive oil mill in Marmelete is an exceptional choice. This property, listed at €850,000, sits on a generous plot of 780m², with 610m² of constructed space ready for redevelopment. Its large, open-plan layout includes three separate rooms on the ground floor and an expansive area on the first, making it perfect for a variety of commercial uses such as a restaurant, event venue, or boutique winery. With its solid stone construction and new roof, this space not only offers durability but also countless design possibilities. The picturesque vistas of the village and countryside enhance the property’s appeal, drawing in customers seeking to appreciate the natural beauty of the Algarve. This site is situated just 17 km from Monchique, granting easy access to local commerce while remaining part of a charming community that thrives on tourism and local culture. Marmelete itself is known for its agricultural strengths, being a supplier of cork and olives, providing unique business opportunities. Explore the untapped potential of this property and transform it into a successful venture! Schedule a viewing today!
• 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
