Mallorca is second best place to live in the World

Knight Frank Lifestyle Report has ranked the island of Mallorca second to Dubai as one of the best places to live in the World. (click here for report)

The study looks at four key factors: Knight Frank says the majority of clients are interested in – international schools, weather, leisure pursuits and the availability of quality restaurants.  Knight Frank also looked specifically at three different types of expat – the entrepreneur, family and retired couple.

The new survey ranks destinations according to the quality of their schools, weather, leisure options and restaurants and while Dubai came out on top, Mallorca came joint second with Geneva and the Cayman Islands followed by Cyprus which came in third.

Dubai achieved the highest ranking for its education services and its core climate.

The report noted that the majority of traditional locations – such as London, Paris and New York – scored well in certain categories but were further down the list in others.  London, Hong Kong, Singapore, Auckland, Monaco, Madrid and Moscow rounded out the top 10, with the latter three in  joint position. 

Hong Kong tops the list of best restaurants with 69 Michelin starred eateries in the former British colony, followed by London and Geneva.

For weather, Nassau in the Bahamas was top of the table with 365 days of sunshine a year, along with Tortola, in the British Virgin Islands. 

Entrepreneurs need political stability, ease of travel and good restaurants to entertain clients in.  For these qualities Auckland was the top choice.  

For expatriate family, schools, safety and leisure activities are crucial, with Geneva being the best option.

For a retired couple, quality of life, cost of living and personal security were key motivators.

Auckland was the winner across these qualities.

But, it appears that when all the factors are taken into account, Mallorca is one of the second best places in the World to live and that accolade is not only going to be good for the local economy and island´s global image, it will surely give the real estate sector a welcome boost in confidence and trade.

Information via Majorca Daily Bulletin