Studio for sale

The Crescent, Newquay TR7

Introducing The Crest at Newquay, a boutique aparthotel investment opportunity just 2 minutes from Towan Beach, in the heart of Cornwall’s most iconic coastal town.

This fully refurbished serviced accommodation development offers investors the chance to own a self-contained studio or apartment within a professionally managed aparthotel - combining lifestyle appeal with strong income potential.

Located steps from:

* Towan Beach (2 mins)
* Blue Reef Aquarium (5 mins)
* Fistral Beach (5 mins)
* Newquay Train Station (8 mins)
* Cornwall Airport Newquay (15 mins)

Newquay is one of the UK’s strongest short-stay markets with:

* 1,000+ active short-term rental listings
* 63% average occupancy
* £151 average nightly rate
* 25.8% year-on-year revenue growth
* With airport expansion, town regeneration and growing off-peak tourism, Newquay continues to strengthen as a year-round destination.

The Investment Opportunity

Formerly the well-known Glendeveor Hotel, this landmark property is being transformed into a modern coastal aparthotel featuring:

* Kitchenettes in every unit
* Refurbished communal areas
* Games room & family facilities
* Stylish contemporary interiors
* Optional professional management
* Completion expected Summer 2026.

Secure Ownership Structure

* 999-year leasehold ownership
* Share of freehold transferred post-refurbishment
* Zero ground rent
* Units treated as commercial property
* No Stamp Duty for units under £150,000
* Each investor owns their individual unit outright - income is not pooled and there are no fixed guarantees.

Fully Managed by Guestz (Optional)

Professional aparthotel management includes:

* Guest bookings & marketing
* Dynamic pricing & revenue optimisation
* Housekeeping & maintenance
* Safety & compliance
* Transparent leaseholder reporting

Ideal for hands-off investors seeking passive income from the UK holiday let market.

Why Newquay?

* Thriving short-stay market
* Expanding domestic tourism
* Regeneration investment in town centre
* Airport growth & Aerohub development
* Strong summer + rising off-peak demand
* One of Cornwall’s most recognisable destinations

Ideal For:

* Buy-to-let investors
* Holiday let investors
* Portfolio diversification
* UK & international buyers
* Lifestyle-led investment buyers

With affordable entry from under £75,000 and limited availability across just 8 studio apartments remaining, The Crest offers one of the most accessible coastal investment opportunities currently available in Cornwall.

Enquire today for availability, floorplans and projected income breakdowns or if you have any questions, why not give us a call?