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Planning Permission Granted for Retirement Development in Falmouth

Planning Permission Granted for Retirement Development in Falmouth

Planning permission to transform a coastal hotel into retirement apartments on Falmouth’s scenic seafront has been granted. Cornwall Council approved plans from PegasusLife to build up to 34 apartments, for homebuyers over sixty, at the Madeira Hotel site on Cliff Road, Falmouth.

Guy Flintoft, Director of Public Policy and Planning at PegasusLife says: “The location of this development was a huge factor in our decision to purchase this site: the nearby beach, short walk to the town centre and close proximity to Pendennis Castle makes this an enviable location. We plan to use our strong focus on architecture and design to create homes that will make the local community feel proud and fulfill the growing need for better housing for those over the age of sixty.”

The plans for the site include a mixture of one and two bedroom apartments, with panoramic sea views and large balconies, designed to make the most of the superb location and landscape. A communal lounge, guest suite and a resident’s car park are also included.

Breathing new life into the buying and ownership process, PegasusLife offers all homes on a 1000-year lease. PegasusLife will not charge customers exit fees - offering an additional layer of comfort for residents and their families. PegasusLife also provides on-going maintenance and property management on a not-for-profit basis.

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