Hotel owners, particularly in rural locations, need to exploit their assets to maximum effect, and the Cornwall Hotel Spa & Estate appears to be doing just that by developing and selling individual, luxury homes built on the ‘estate’. However, it doesn’t stop there, since owners can occupy their home, or rent it out – generating customers and revenue for the hotel itself.
Despite the economic downturn, the homes’ impressive combination of lifestyle and investment was a mix that enticed both investors seeking guaranteed returns and those keen to secure a luxurious Cornish bolthole for their own holidays. All 22 Phase One Woodland Homes have been sold – four of which were snapped up by three savvy hoteliers, who between them have owned or managed some well known UK hotels.
Such has been the success of this first phase that the company behind the multi-million pound project has recently launched Phase 2 – to be known as 24-36 The Cornwall – comprising 13 more properties available to purchase on a Freehold basis, off-plan. Prices start at £327,950 and two deposit backed reservations have already been taken since the launch.
Guaranteed income scheme
All homeowners can choose their preferred lifestyle and investment mix, a key ingredient to the success of Phase One. A guaranteed income scheme – opted for by each of the three hoteliers – will be available to those renting out their property throughout the year, whilst still enjoying up to six weeks own use per year (inclusive of two peak season weeks) and receiving a minimum net 4% return for the first two years. Buyers can choose their own bespoke lifestyle / investment balance, or opt to retain their home for exclusive use by themselves, family and friends.
About Woodland Homes at The Cornwall Hotel Spa & Estate
- All homeowners can enjoy The Cornwall Hotel’s luxury hotel facilities including:
- The AA-rosette Arboretum restaurant, and Acorns Brasserie
- The award-winning Clearing Spa with infinity pool, high-tech gym and leisure facilities
- 43 acres of mature Victorian parkland and woodland
- Hard surface Tennis Courts
- The Cornwall Hotel Spa & Estate offers flexible buying options:
- Stay and Let for those who would like to see an income from their Home when they are not staying themselves, with rental options tailored to suit individual investment/ lifestyle requirements
- Buy to Stay for those who would prefer to keep their Home for their own personal use
- The Cornwall Hotel Spa & Estate will manage all aspects of homeowners’ Woodland Homes, offering
- On arrival: Freshly made beds, Towels, Welcome Pack, Fully stocked fridge (upon request)
- During absence: Rental management, Maintenance & Upkeep, Insurance
- The Cornwall Hotel Spa & Estate is located on the South Coast of Cornwall near
- The picturesque fishing villages of Charlestown & Mevagissey
- The Eden Project
- The Lost Gardens of Heligan
- Porthpean Beach (less than two miles)
- The bustling harbour of Fowey
For more information click here