G7 Cornwall: Surge in demand for property in Carbis Bay

The global spotlight is on the town of St Ives and neighbouring village of Carbis Bay this week, as the G7 summit take place.

Preparations have been ongoing over the past six months, and now the reality has arrived, and it would appear that potential property buyers are impressed with what they see.

The number of people searching for property in Carbis Bay has more than doubled in a day as home-hunters check out the area currently on the global stage, according to Rightmove.

Buyer searches for Carbis Bay were up 103% on Wednesday 9th June compared with the previous day.

Cornwall was actually the most searched for place on the property portal last month, as coastal destinations grow in popularity ahead of the summer period.

Rightmove’s spokesperson Tim Bannister said: “All eyes are on Carbis Bay right now, and with supply so limited, coupled with the price premium for the county and the fast pace of sales, it’s only a lucky few who will be able to move there, but thousands of others are checking out what’s on offer.

“With the sun finally coming out in Britain over the past week people have been using their holidays as a time to find out what’s for sale in a number of tourist locations, and some will decide that now is the time to make a move to live beside the sea. Interest from potential buyers in coastal areas has increased significantly over the past year, with Cornwall now the most searched for place on Rightmove, and there are a large group of people considering a coastal relocation for a different lifestyle.”

Vicky Twydell, sales negotiator at Bradleys Estate Agents in St Ives, has welcomed the positive media attention.

She said: “Right now it’s like being on a movie set, and it’s great to see the place under the global spotlight.

“We’ve seen a huge amount of demand for homes here, especially those that have a sea view.

“People like to come to Carbis Bay because it’s usually a lot quieter than St Ives, and we’ve had people from other areas moving here for a change of lifestyle now that they’re able to work from home more often.

 

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