A luxury coastal development providing 37 apartments overlooking Carbis Bay Beach in Cornwall has been put up for sale.
The newly constructed Viewpoint scheme features a collection of high-specification two- and three-bedroom apartments, including seven duplex units and two three-bedroom penthouses.
Each residence on the 3.02-acre freehold site has been positioned to maximise uninterrupted panoramic views across Carbis Bay, with apartment sizes ranging from 913 sq ft to 2,005 sq ft.
Viewpoint presents a flexible investment proposition and benefits from dual planning consent for either C1 aparthotel use or C3 residential use for over-55s as a principal residence. There is also the potential for further value enhancement, including the introduction of a wellness offering at ground floor level and the repositioning of an existing outdoor swimming pool, subject to planning.
Matthew Smith, partner in Knight Frank’s hotel agency team, which has been appointed to market the opportunity, said: “Viewpoint represents a superb opportunity to acquire an award-winning coastal development in one of the UK’s most desirable seaside locations. With its elevated position, exceptional sea views and proximity to St Ives, the property is ideally placed to capitalise on Cornwall’s thriving tourism market.
“The aparthotel sector continues to attract strong investor interest, underpinned by operational efficiency and attractive returns. In addition, the asset offers clear potential for value creation and strategic flexibility through its dual planning consent. We are inviting offers of interest and anticipate strong engagement from a range of investor profiles.”
