Number of German & British residents fall

A local Mallorca newspaper reported the number of German and British residents living in the Balearic islands have fallen. There are now 29,934 Germans registered with the local Balearic councils and 21,918 British. This figure does not of course represent the actual number of either German or British living enjoying their property in Mallorca, Menorca or Ibiza as many, who are not in employment or own a business, bother to register. This is the first time in recent Balearic history that the number has declined. The drop has been blamed on the recession and the lack of jobs. However, the Mallorca real estates sector remains in very good health as more and more people are lured to the delights of a Mediterranean lifestyle.