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Our Summary
- The Investment OpportunityFormerly a well known Hotel, this landmark building is being transformed into a modern coastal aparthotel offering investors the opportunity to own an individual unit within a professionally managed hospitality environment
- Optional Professional Aparthotel ManagementInvestors can choose to benefit from a fully managed hospitality model including:• Guest bookings and global marketing• Dynamic pricing and revenue optimisation• Housekeeping and maintenance• Health and safety compliance• Transparent reporting to leaseholdersIdeal For• Holiday let investors• Buy to let investors seeking higher yield opportunities• Portfolio diversification• UK and international buyers• Lifestyle investment buyersWith Newquay tourism demand continuing to grow, opportunities to secure fully refurbished units in prime locations are increasingly rare
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Description
The property is a studio investment apartment in The Crest, Newquay, with high ceilings and contemporary interiors. It has an open plan layout, designed to maximize space and rental appeal. The apartment is part of a fully refurbished coastal aparthotel development in a prime location near Towan Beach, Blue Reef Aquarium, and Fistral Beach.
The development features refurbished communal areas, a games room, and family facilities. The property offers 999-year leasehold ownership, zero ground rent, and no Stamp Duty for units under £150,000. Upon completion, investors can generate strong holiday let income, with the potential for up to 15% net return.