Cornwall holiday home: buy now and save on stamp duty | Evening Standard

2022-06-30 11:23:20 By : Mr. Steve Lee

If you’re looking for an investment property, the Retallack Resort & Spa on the North Cornwall coast offers a range of boutique barns with plots from £295,000

ith the property market remaining buoyant and more Britons appreciating the benefits of holidaying in the UK after the limits on foreign travel over the past two years, a holiday home is an increasingly attractive proposition.

Britons are embracing the many benefits of a staycation

If you’re looking to invest, there really is no time like the present, because if you buy before the end of July, you can take advantage of a unique offer on eligible plots at The Retallack Resort & Spa on the beautiful North Cornwall coast.

Until 31 July 2022, Away Resorts are offering to contribute up to £10,000* towards stamp duty costs, smoothing your path towards investment considerably.

Sunsets can be enjoyed from a full-size roof terrace

The Retallack Resort & Spa is situated in 150 acres of sought-after countryside in North Cornwall, only minutes away from some of Britain’s most stunning beaches and breathtaking coastal scenery.

A short drive from Cornwall Airport Newquay, the Retallack resort is also part of a vibrant region full of renowned restaurant, bars and attractions.

Boutique barns boast spacious open plan living spaces

Choose from a range of architecturally designed boutique barns with stylish interiors: two-bedroom barns come with two shower rooms, a spacious open plan living space and an attractive front terrace; three-bedroom properties offer an additional double bedroom and family bathroom; while the new four- bedroom barns include two double bedrooms with decking access, a further double bedroom and a twin, while sunsets can be enjoyed from a full-size roof terrace.

These modular holiday homes are built to ICW standards, come with a 10-year structural warranty and a lease of up to 999 years as standard.

Investors can benefit from an investment period with a fixed annual return

Your investment can work in a number of ways to suit your needs. If you’re looking at a holiday home for your own use which can also earn you money, why not sublet using Away Resorts’ managed letting scheme with a variable return?

Alternatively, qualifying investors can benefit from a three- or five-year investment period with a fixed annual return of 7 per cent per annum (terms and conditions apply).

Plots start at £295,000, but the offer of up to £10,000 in stamp duty contribution is only available until 31 July, so time is of the essence if you hope to make the next step on your property investment journey.

Reserve your plot today by calling 01637 540 018 or email retallack.holidayhomes@awayresorts.co.uk. Find out more about Retallack here.

*Offer applies to selected plots on the new Retallack Hillside development only, subject to status and availability. Offer available for any reservation placed for an eligible plot on or before 31st July 2022, provided that exchange of contracts takes place within six weeks of draft contracts being issued by AG Retallack Limited; For eligible purchases, AG Retallack Limited will pay a fixed sum contribution towards the stamp duty land tax (SDLT) payable by the purchaser on the sale, up to a maximum contribution of £10,000 per purchase; Fixed sum contributions vary by plot as follows: Type 1 – PLOT 5 & 6 = £5,000 Contribution Type 2 - PLOT 23 & 24 = £8,000 Contribution Type 3 – PLOT 11 / 12 & 14 = £10,000 Contribution. Payment of the contribution amount is conditional on completion of the purchase, and the contribution amount will be reflected in the completion statement issued at the point of completion of the purchase; No cash alternative. Offer cannot be used in conjunction with any other offer, discount or promotion; AG Retallack Limited (company number: 11352386), IMEX Building, 575-599 Maxted Road, Hemel Hempstead, Hertfordshire, HP2 7DX. Click here for further details