Considering an olive oil mill as an investment opportunity in Portugal can prove highly rewarding, particularly this stunning former mill located in Marmelete, priced at €850,000. This property not only carries cultural significance but also offers great potential due to its expansive 610m² constructed area and luminous spaces well-suited for business operations or residential purposes. Embracing the historical charm of the Algarve, this mill retains its original features while being updated with a new roof, presenting a unique opportunity for discerning investors.
The location in Marmelete, known for its rich agricultural landscape and local crafts, further enhances its marketability. With a supportive community surrounded by local amenities, your investment benefits from an established network of customers and a steady flow of traffic. The spacious layout and many windows provide a beautiful working environment, ideal for creating a boutique or a creative studio.
Moreover, with the site being merely 24.8 km away from the beach and 22.9 km from the nearest golf course, it caters to both local and tourist interest. This versatility and proximity to leisure activities ensure a steady flow of clientele, which can boost your return on investment over time. For serious investors looking to tap into the unique market of southern Portugal, this former olive oil mill stands out as a prime option. Contact us now to discuss this investment opportunity further!
• 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
