Estate agent Strutt & Parker reports that property investment in Newquay is hitting fever pitch as spectacular coastal apartments with roof terraces, jacuzzis, signature bistro and uninterrupted sea views set record prices.
In Newquay in the New Year, a development of fourteen apartments were all sold off-plan in seven weeks by Strutt & Parker's Exeter office, which invited tabloid attention for its two £500,000 penthouse apartments. Such is the fever pitch surrounding Newquay, Strutt & Parker are now extremely proud to have interest in their spectacular new fourth floor £750,000 duplex, penthouse "super-apartment" at Ocean Gate, which offers its own private roof terrace overlooking the world famous Fistral Bay.
Known as the capital of England's surfing scene, Newquay has become legendary over the years for its beaches with a variety of surf, from fast hollow waves, to quieter shores for beginners. Fistral Beach is known for its national and international surfing competitions and festivals.
Simon Scott-Nelson of Strutt & Parker's Exeter New Homes Department says: "We are very proud of this landmark development. It is being marketed at a time when Newquay and Cornwall are being credited National publicity for their investment potential and it is no surprise that over 65% are already reserved off-plan. We are also in talks with high profile chefs for the bistro, which is an exciting prospect for the local area and should increase the prestige of the development further making Ocean Gate the ideal investment for our buyers."