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July 4, 2024
PI Global Investments
Property

Cornwall named as one of UK’s luxury property hotspots


Cornwall has been named as a luxury property hotspot – with homes on the market having hot tubs, gyms and even cinema rooms. Of the 5,229 properties currently for sale in Cornwall, 380 have more than five bedrooms, 86 have an at-home gym, 14 boast a private cinema room and 13 are grand estates.

Researchers looked at more than 350,000 current property listings to find the counties with the highest proportion of luxury homes. They pinpointed 26 luxury features, including swimming pools, saunas, EV charging points, floor-to-ceiling windows, gyms, cinema rooms, over 3,000sqft of living space, and high levels of security.




Cornwall took tenth spot in the list of luxury property hotspots compiled by bespoke aluminium window and door specialists, Origin. Hereford was named the country’s luxury property capital. Devon was in 14th place.

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Cornwall has seen several of its properties included in the luxury Omaze competitions, and one in the Camel Estuary, which winner Uttam Parmar sold.

Victoria Brocklesby, COO at Origin, said: “Even though the housing market has fluctuated massively in the past 18 months, homeowners are continuing to invest in luxury upgrades that boost their property’s value.

“Our data confirms this trend, with homeowners making smart investments in windows and doors that include high-end security features and energy-efficient technology to not only offer peace of mind, but also translate to tangible value appreciation.

“It’s interesting that our research found that luxury homes are spread around the UK including Cornwall, and not just in traditional prime areas. This highlights the changing preferences of homebuyers, who are increasingly looking for properties that offer more than just a prestigious postcode.”



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