Marmelete represents an outstanding opportunity for commercial real estate investment, particularly with properties like the former olive oil mill for sale at €850,000. The town's strategic location in the western Algarve makes it easily accessible and appealing to both locals and tourists alike. As a hub of local agricultural production, including cork and olives, investing in Marmelete connects you to these rich industries. The mill itself boasts a significant 610m² constructed area and a spacious plot of 780m², featuring light-filled rooms and stunning views, making it an attractive option for a variety of businesses. Being just 24.8 km from the beach and only 17 km from Monchique, the area benefits from a flurry of tourism, enhancing potential customer traffic for any business. The local area is also supported by essential amenities, ensuring a convenient setting for both business owners and their clients. The property comes with unique historical value, having been a prominent facility in olive oil production, which can be a powerful marketing asset. This blend of location, history, and community makes Marmelete a fantastic choice for prospective investors. Don't miss out on this chance to tap into the Algarve's vibrant economy! Contact us today for more information!
• 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
