Where to Invest: The Best Places to Live in Cornwall with Growing Property Values
Cornwall has long captured the imagination of homebuyers and investors alike. With its dramatic coastlines, charming towns, and relaxed lifestyle, it’s no surprise that the region is increasingly viewed as more than just a holiday destination. For those seeking to make a savvy property investment, understanding the best places to live in Cornwall with rising property values is key to ensuring both lifestyle enjoyment and long-term financial return.
From picturesque fishing villages to creative market towns, Cornwall offers a variety of investment hotspots. In this guide, we explore the most promising areas for capital growth, lifestyle appeal, and future development.
Why Invest in Cornwall?
In recent years, Cornwall has experienced a significant surge in demand for both main residences and second homes. Several factors have contributed to this trend:
- Remote working has allowed more professionals to relocate from urban centres.
- Lifestyle changes post-pandemic have prioritised space, fresh air, and community.
- Improved infrastructure and transport links are making Cornwall more accessible.
- Strong tourism industry continues to fuel rental demand for holiday lets.
All of this has driven property prices upward across much of the county—but some locations still offer excellent growth potential for investors looking to enter the market.
1. Truro – The Economic and Administrative Hub
Truro is Cornwall’s only city, making it a unique investment option. It combines historic charm with a growing economy and serves as the commercial and administrative centre for the region.
Why Invest:
- Excellent schools, healthcare facilities, and shopping
- A growing population and consistent demand for rentals
- Strong transport links, including rail access to London and Exeter
Property Outlook:
Truro offers stable year-on-year growth and is particularly attractive for those looking to invest in buy-to-let or family homes. Period townhouses and Victorian terraces in the city centre often perform well.
2. Falmouth – A Coastal Town with a Creative Spirit
Falmouth, home to one of the UK’s top universities for the creative arts, has a vibrant, youthful energy. It also boasts one of the deepest natural harbours in the world, attracting marine businesses and sailing enthusiasts alike.
Why Invest:
- Student population supports the rental market
- Booming hospitality and creative industries
- Popular with both tourists and year-round residents
Property Outlook:
The mix of Victorian properties, waterside flats, and family homes makes Falmouth a flexible market for investors. Demand for holiday lets remains strong due to the town’s scenic beauty and cultural appeal.
3. St Ives – Tourism Meets High-End Living
St Ives is internationally known for its art scene, sandy beaches, and holiday homes. It has seen some of the fastest property price growth in Cornwall, making it both an investment hotspot and a place where demand outstrips supply.
Why Invest:
- Consistently high visitor numbers all year round
- Strong holiday let yields
- International appeal and prestige
Property Outlook:
While entry costs are higher, property values have seen significant appreciation over the past decade. Investors should be aware of second home ownership restrictions, but those purchasing for long-term rentals or main residence use can still see good returns.
4. Wadebridge – Family-Friendly and Future-Focused
Positioned on the Camel Trail and close to Padstow, Wadebridge is becoming increasingly popular with families and professionals relocating from other parts of the UK.
Why Invest:
- Excellent primary and secondary schools
- Increasingly seen as a year-round town rather than seasonal
- Good local amenities and proximity to north coast beaches
Property Outlook:
Detached and semi-detached homes are in high demand, particularly for those relocating with children. Property values are steadily rising, and the town still offers more accessible pricing compared to hotspots like Rock and Padstow.
5. Penzance – A Town on the Rise
Once overlooked, Penzance is experiencing something of a revival. The Jubilee Pool, art galleries, and café culture are all part of the town’s growing allure, especially for younger buyers and creatives.
Why Invest:
- Affordable relative to other Cornish towns
- Active regeneration and investment in the town centre
- Ferry and air links to the Isles of Scilly boost visitor numbers
Property Outlook:
With rising demand and relatively low prices, Penzance offers some of the best value in Cornwall. There’s strong potential for capital growth as regeneration efforts continue.
6. Newquay – No Longer Just for Surfers
Known historically as a surfing and stag-do hub, Newquay has undergone a notable transformation. It now attracts digital nomads, young families, and business investment thanks to Cornwall Airport and improved infrastructure.
Why Invest:
- Growth in new-build developments and luxury coastal properties
- Good schools and new shopping centres
- One of the few towns with an airport on its doorstep
Property Outlook:
A mix of holiday lets, student housing, and high-end seafront apartments offer varied investment options. Long-term value is expected to grow as the town’s image continues to evolve.
7. Bude – The North Coast’s Hidden Gem
Just over the border with Devon, Bude offers excellent value for those willing to look slightly off the beaten track. Its clifftop walks and family-friendly beaches are drawing more attention each year.
Why Invest:
- Lower property prices with growing interest
- Excellent for family living and holiday lets
- Rising demand from remote workers
Property Outlook:
Prices are climbing, but Bude still represents good value compared to areas further south. Larger homes and bungalows near the coast are particularly popular with relocators and retirees.
Things to Consider Before Investing
1. Planning Restrictions
Some Cornish areas now limit second home ownership or apply council tax premiums. Always check with the local authority before committing.
2. Holiday Let Licensing
New regulations may require licensing or planning permission for short-term rentals. This could affect your income potential if you’re targeting the holiday market.
3. Infrastructure and Accessibility
While Cornwall’s rural charm is part of its appeal, not all locations are well-served by transport links or internet connectivity. Choose your location based on both lifestyle and practical needs.
4. Working with Local Experts
A local estate agent, financial advisor, or property consultant familiar with Cornwall’s micro-markets can help ensure your investment is well-informed and future-proof.
Conclusion: Where Opportunity Meets Lifestyle
Cornwall remains one of the most attractive regions in the UK for lifestyle and investment alike. The best places to live in Cornwall offer more than stunning scenery—they provide solid property value growth, diverse housing stock, and a high quality of life.
Whether you’re seeking capital appreciation, a strong rental yield, or simply a place to enjoy the Cornish lifestyle, now is a promising time to invest. By focusing on areas with strong infrastructure, growing demand, and ongoing regeneration, you can secure both a desirable home and a smart financial future.