Aparthotel The Crest at Newquay

Invest in modern coastal living in a prime location within walking distance of Towan Beach.

The Crest is a small-scale boutique aparthotel in the heart of Newquay, Cornwall. This redevelopment combines contemporary studios and apartments with professional short-stay operation. Thanks to strong tourist demand, growing year-round occupancy, and a well-thought-out investment structure, The Crest offers an attractive combination of lifestyle and return.

Key features of the investment

• 33 studios & 3 apartments, each with a separate title deed at the Land Registry 
• Completion expected in June 2026
• Entry level from £74,950 for a 2-person studio
• 999-year lease + share freehold
• Individual purchase per unit (and therefore always resellable)
• Approx. 10–12% projected net return

Newquay – one of the UK’s strongest coastal locations

Newquay is one of Cornwall’s most iconic coastal towns, renowned for its beaches, surfing culture, and lively town center. While traditionally a summer destination, demand is now growing strongly outside the peak season. This is driven by improved accessibility, regeneration projects, and changing travel habits.

• Expansion of Newquay Airport and development of the Aerohub
• Growing domestic and international short-stay market
• Structural investments in infrastructure, retail, and tourism

From classic hotel to modern aparthotel

The property, formerly known as the Glendeveor Hotel, is being completely redeveloped into The Crest at Newquay: a contemporary aparthotel with a strong focus on comfort, flexibility, and rentability. The renovation will elevate the building to a higher segment within the local short-stay market.

Refurbishment includes:

• Complete redesign of the apartments
• Modern furniture and new flooring
• Kitchenettes in all units (refrigerator, microwave, kettle)
• Renovated common areas
• Addition of a games room and bar, among other things
• New look inside and out

Return & Operation – Strong returns in a proven short-stay market

Conservative operating assumptions:

• Expected occupancy: approx. 60% (market analysis is 65% occupancy)
• Average nightly rates: £70–£95 (market analysis 110–1150)
• Projected net return: approx. 10–12%, depending on unit

In summary – why is The Crest at Newquay an interesting investment?

• Prime location by the sea
• Low entry prices from £74,950
• No transfer tax
• Strong short-stay fundamentals 
• Projected net return of 10-12%
• Transparent ownership structure & free to sell
• Combination of personal use & rental potential
• Very good returns achievable even with conservative assumptions

Would you like to receive more information?

Request the brochure, current availability, and a detailed return example via the button.