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Property searches for Carbis Bay has more than doubled in a day as the G7 summit kicks off in Cornwall, Rightmove has revealed.
House-hunters have been exploring the seaside resort and village currently on the global stage, as buyer searches for Carbis Bay were up 103 per cent on Wednesday 9th June compared with the previous day.
The G7 Summit sees UK Prime Minister Boris Johnson host leaders from the USA, Japan, Germany, France, Italy, Canada, India, South Korea and Australia from Friday 11th – Sunday 13th June.
Carbis Bay, which lies one mile southeast of St Ives, has an average asking price of over £384,000; more than £50,000 higher than the Cornwall average of £331,655, and six per cent higher than a year ago. Beachside homes are currently for sale for up to £3 million.
‘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,’ says Rightmove’s property expert, Tim Bannister.
Vicky Twydell, Sales Negotiator at Bradleys Estate Agents in St Ives, adds: ‘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. We’ve had interested buyers hoping to view properties over the next few days but they’ll have to wait a little while until the summit is over.’
Cornwall, a popular hotspot for those wanting to swap their city lifestyles for homes by the sea, has maintained its position as the most searched for place on Rightmove in May. In April, Newquay was named the hottest UK property market, overtaking London as the most searched-for location.
‘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,’ explains Tim.
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