Holiday Home to Buy in Cornwall

Considering a holiday home to buy in Cornwall ?

Recent research (27th May 2010) by Knight Frank shows that despite the recession, there has been a steady rise of second homes (many of these are a holiday home) since 2007, with over 6,000 more properties now on the market, marking the return of long term growth.

The number of second homes rose by 2.6 per cent in 2009, despite a falter of 0.4 per cent in 2008. 9.6 per cent of these second homes are registered in North Cornwall. The vast majority of those in Cornwall are a holiday home.

North Cornwall is the second highest ranking hotspot area in England for those who own a second home. A range of factors are encouraging people to explore investing in the UK instead of Europe; including the low interest rates and the weaker pound. The recent volcanic ash cloud, which grounded all flights to and from the UK, is also expected to fuel demand.

Newquay, in particular, is an ideal location to invest in. It is Cornwall's top destination and offers something for everyone all year round.

Nicola Markham, Sales Director of Acorn Blue comments "Newquay is the ideal destination for those wishing to escape the stresses of City life. The new flights to Newquay has improved accessibility for people who own a holiday home in the UK which is enabling them to have weekend breaks as well as longer holidays. Buyers have a new found confidence in the property market since the recession; we have noticed an increase in enquiries, indicating that potential purchasers feel now is the time to buy."

Gail Streatfeild, Knight Frank, comments: "North Cornwall has seen the emergence of several new upmarket hotels, restaurants and facilities which all add to the appeal of the area. This year we have seen an increased interest in properties at the £350,000 to £500,000 level in good coastal locations. Sea views are on many buyers wish-lists and they are attracted to the quality and style of the Acorn Blue developments."

So if you are considering a holiday home to buy in Cornwall, consider Acorn Blue.