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