THE ADDRESS Magazine No.17 | Page 243

Photo: Mallorco Photography M allorca has been ranked No. 2 (together with the Cayman Islands and Geneva) in the Knight Frank report “Global Lifestyle Review”, which is comparing favourable tax locations and lifestyle factors. 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, concluding that consistency across the board was key to a high lifestyle ranking. Mallorca is one of the great European playgrounds, drawing buyers of second homes from across the globe. Investors are attracted by the pretty inland villages and beautiful coves, glamorous marinas and gorgeous beaches, imposing mountain ranges and world-class golf courses. Of no less significance are the island's natural beauty, tranquillity and low crime rate. German-speaking clients – including those from Switzerland and Austria – are particularly keen to secure a Mallorca property, as are the British and Scandinavians. As well, there are some Spaniards, French, Dutch and Russians entering the market, while property experts anticipate a surge from outside the European Union, from countries such as China and the www.theaddressmagazine.com 243