Is Ålesund Worth Building a Padel Center In?

As of November 2026, Padelnomics counts 4 padel clubs in Ålesund, Norway, or 32.3 padel courts per 100,000 residents, in a city of about 53,000 residents. Its Padelnomics Score, our rating of the opportunity for a new club, is 79 out of 100. Source: Padelnomics, from booking platforms, public map data and official population statistics.

Padel Venues
4
padelnomics Score
79.0/100
Courts/100K
32.3
Population
53K
Key takeaway: Ålesund is a standout investment opportunity — strong demand signals, meaningful supply gaps, and unit economics that support new builds.

Yes — Ålesund ranks among the most promising locations in Norway with a padelnomics Score of 79.0/100. This page breaks down what a padel investment in Ålesund costs, what it returns, and how the local market compares — with a financial model you can adjust to your scenario.

The question that matters: given current pricing, occupancy, and build costs, what does a padel investment in Ålesund actually return? The financial model below uses the national court prices and occupancy for Norway and the country's build costs; the figures measured in Ålesund itself are in Research.

What Does a Padel Investment Cost in Ålesund?

On national figures for Norway, here is what a padel center investment in Ålesund looks like:

Ålesund, NO Investment Breakdown
Item Amount Detail
Padel Courts NOK 2,320,000 8×dbl + 0×sgl
Shipping NOK 140,800
Floor Preparation NOK 120,000
HVAC Upgrade NOK 200,000
Lighting Upgrade NOK 100,000
Fit-Out & Reception NOK 390,000
Permits & Compliance NOK 190,000
Equipment NOK 51,660
Working Capital NOK 150,000
Miscellaneous NOK 70,500
Contingency (10%) NOK 373,296
Total CAPEX NOK 4,106,256
Per Court NOK 513,282
Per m² NOK 1,740
LTV 0%
Equity NOK 4,106,256
Loan NOK 0
Total NOK 4,106,256

Construction costs vary significantly depending on whether you build an indoor or outdoor facility. Indoor halls in Norway run considerably higher — structural build, ventilation, and lighting drive the cost. Outdoor courts are cheaper to construct but limit your operating season and revenue potential. The number of courts is the single biggest lever on total investment: each additional court lowers the per-court cost, but increases your total capital at risk.

Revenue Potential in Ålesund

Ålesund, NO Revenue & Operating Costs

Revenue Model

Weighted Rate NOK 338/hr
Utilization Target 20%
Booked Hours/mo 742

Monthly OPEX

Item Monthly Detail
Rent NOK 94,400 2360m² × NOK 40/m²
Insurance NOK 4,750
Electricity NOK 4,250
Heating NOK 4,750
Water NOK 1,250
Maintenance NOK 4,500
Cleaning NOK 4,500
Marketing / Software / Misc NOK 5,250
Staff NOK 92,000 8 × NOK 11500
Total Monthly OPEX NOK 215,650

Monthly Summary

Gross Revenue NOK 315,963
Booking Fees −NOK 25,093
Net Revenue NOK 290,870
Operating Costs −NOK 215,650
EBITDA NOK 75,220
Debt Service NOK 0
Net Cash Flow NOK 75,220

Revenue depends on three factors: court rental pricing, occupancy rates, and ancillary income (coaching, retail, food & beverage). Utilisation swings sharply by time of day and season — evenings and weekends tend to run at or near capacity, while weekday mornings and afternoons have idle courts. Per-venue median hourly rates, booked occupancy over time, and the spread across facilities are part of Padelnomics Research — the inputs above are calibrated from that data.

Financial Returns

Ålesund, NO Returns & Financing

Return Metrics

IRR (5yr) 21.4%
MOIC 2.33x
Payback N/A
Cash-on-Cash 22.9%
Yield on Cost 23.8%
EBITDA Margin 26%

Exit Analysis

Exit Value (6.0x EBITDA) NOK 5,862,306
Remaining Loan NOK 0
Net Exit NOK 5,862,306

Financing

Loan Amount NOK 0
Rate / Term 5.0% / 10yr
Monthly Payment NOK 0

The return metrics above show how quickly your investment pays back and what long-term return you can expect. IRR (Internal Rate of Return) is the key metric — it accounts for the time value of money and lets you compare against alternative investments like real estate or equities. A payback period under 5 years is considered solid in the padel industry. These numbers use national figures for Norway. Adjust the assumptions in the planner to model your specific scenario.

Adjust these numbers for your own plan → Model it in the Planner

Market Context

With 32.3 courts per 100K residents, Ålesund has a relatively high padel density. This indicates a proven market with demonstrated demand — but also more competition for new entrants. Differentiation through location, facility quality, or pricing strategy becomes the key success factor.

Padel is growing rapidly across Europe — many markets are seeing venue counts double within a few years. The sport's relatively low barriers to entry (less space than tennis, faster learning curve for players) continue to drive expansion.

Ålesund Market Overview

Metric Value
Courts 17
Courts per 100K residents 32.3
Venues 4
Venues per 100K residents 7.6
padelnomics Score 79.0/100
Data Confidence 100%

FAQ

Is Ålesund a good location for a padel center?

Ålesund scores 79.0/100 on the padelnomics Score, which evaluates investment potential based on supply gaps, catchment reach, market maturity, and sports culture. A score above 65 signals strong investment potential: meaningful catchment area, supply gaps, and a sports-oriented population. Use the Padelnomics planner to model your specific assumptions.

What is the return on investment for a padel center in Ålesund?

ROI depends on build cost, court count, pricing, and occupancy assumptions. The defaults in the model above are calibrated from current market and booking data for Ålesund; the specific city- and venue-level inputs (median rates, per-venue occupancy, price trends) are part of Padelnomics Research. Adjust the inputs in the planner to see how your scenario compares.

How much does it cost to build a padel center in Ålesund?

Total investment depends on venue type (indoor vs outdoor), land costs, and local construction standards in Norway. Typical benchmarks: an indoor court costs around NOK 290,000 for court equipment plus building and fit-out; outdoor courts are significantly cheaper. Use the financial planner for a detailed Ålesund cost breakdown.

How many padel courts are there in Ålesund?

Ålesund has 17 padel courts across 4 venues. With a population of 53K, that translates to 32.3 courts per 100,000 residents.

What are typical padel court rental prices in Ålesund?

Padel prices in Ålesund vary between peak and off-peak hours, indoor vs outdoor facilities, and facility quality. City- and venue-level medians, P25–P75 spreads, and occupancy rates are part of Padelnomics Research — the inputs in the financial model above are calibrated from that data.

How does Ålesund compare to other Norway cities?

Ålesund's padelnomics Score of 79.0/100 reflects its investment potential among tracked Norway cities. See the Norway market overview for a full comparison across cities.

Ready to run the numbers for Ålesund? → Build your business plan

Two questions worth settling first: how many courts fit on your plot? · will the site get permitted?


More Norway padel markets: Norway overview