A new residential development to replace a former holiday park at Cubert, near Newquay, is two thirds sold even before the first brick has been laid.

Roads and services have been completed for Poltair Homes' 34 new houses to be sold on the open market at Penvearn View and builders will start work on the first property within the next few days.

But contracts have already been exchanged for 11 houses and a further 11 have been reserved, with the 22 units representing total sales value of almost £3,630,000. Before the site sales office opened last month, 13 homes worth £2,050,350 had been reserved and exchanged "off plan".

"Even allowing for the present state of the market generally, Penvearn View is proving to be a remarkable success story," said Kate Harrill, of New Homes Shop, Poltair's principal marketing agents.

"It's down to a combination of factors which together make it a quite exceptionally appealing development. Not least, people who have holidayed in the Holywell Bay area and have fallen in love with it are jumping at the chance to buy a stunning new home in such a superb location.

"They are also impressed by the innovative designs and interesting architecture of the homes and welcome the opportunity to move to a village and become part of a small local community."

Of the remaining 12 properties for sale, two are currently available at £169,950 and £259,950. The other ten have yet to be released. In addition, seven plots at Penvearn View have been earmarked for affordable homes for local people.

Contractors for the development - on the site of the former Penvearn Holiday Park - are J J Jones and Son (St Austell) Ltd and the first properties are expected to be ready for occupation early next year.

The new houses will be built on the edge of the village and many will enjoy outstanding views across the sand dunes adjacent to Perranporth's beaches and beyond to Holywell Bay.