Is Erandio Worth Building a Padel Center In?

Padel Venues
1
padelnomics Score
41.6/100
Peak Rate
8EUR/hr
Population
24K
Key takeaway: Erandio offers solid ground for a padel investment — the market is growing but not saturated, and the right concept in the right location can capture real demand. Current peak rates of 8 EUR/hr leave room to grow as demand matures.

With the right setup, yes — Erandio scores padelnomics Score 41.6/100, indicating solid potential with careful site selection. This page breaks down what a padel investment in Erandio 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 Erandio actually return? The financial model below works with real local market data.

What Does a Padel Investment Cost in Erandio?

Based on current market data for Erandio, here is what a padel center investment looks like:

Erandio, ES Investment Breakdown
Item Amount Detail
Padel Courts €125,000 5×dbl + 0×sgl
Shipping €9,000
Floor Preparation €6,731
HVAC Upgrade €11,218
Lighting Upgrade €5,609
Fit-Out & Reception €22,435
Permits & Compliance €9,392
Equipment €3,500
Working Capital €8,413
Miscellaneous €6,000
Contingency (10%) €20,730
Total CAPEX €228,028
Per Court €45,606
Per m² €147
LTV 85%
Equity €34,204
Loan €193,824
Total €228,028

Construction costs vary significantly depending on whether you build an indoor or outdoor facility. Indoor halls in Spain 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 Erandio

Erandio, ES Revenue & Operating Costs

Revenue Model

Weighted Rate €8/hr
Utilization Target 35%
Booked Hours/mo 812

Monthly OPEX

Item Monthly Detail
Rent €4,650 1550m² × €3/m²
Insurance €258
Electricity €370
Heating €298
Water €107
Maintenance €244
Cleaning €244
Marketing / Software / Misc €284
Total Monthly OPEX €6,455

Monthly Summary

Gross Revenue €13,236
Booking Fees -€650
Net Revenue €12,586
Operating Costs -€6,455
EBITDA €6,131
Debt Service -€2,056
Net Cash Flow €4,075

Revenue depends on three factors: court rental pricing, occupancy rates, and ancillary income (coaching, retail, food & beverage). In Erandio, peak rates sit at 8 EUR/hr — a relatively low price point that may rise as local demand grows. 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.

Financial Returns

Erandio, ES Returns & Financing

Return Metrics

IRR (5yr) 107.4%
MOIC 17.11x
Payback N/A
Cash-on-Cash 151.7%
Yield on Cost 34.9%
EBITDA Margin 49%

Exit Analysis

Exit Value (6x EBITDA) €477,836
Remaining Loan €108,939
Net Exit €368,897

Financing

Loan Amount €193,824
Rate / Term 5% / 10yr
Monthly Payment €2,056

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 are based on current Erandio market data. 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 20.6 courts per 100K residents, Erandio 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.

Erandio Padel Pricing

Court rental rates in Erandio based on current booking data:

Rate Type Price
Peak hours 8 EUR/hr
Off-peak hours 8 EUR/hr
Average hourly rate 8 EUR/hr
Estimated occupancy 36%

For a detailed pricing breakdown with price ranges and venue comparisons, see the Erandio court prices page.

Erandio Market Overview

Metric Value
Courts 5
Courts per 100K residents 20.6
Venues 1
Venues per 100K residents 4.1
padelnomics Score 41.6/100
Data Confidence 100%

FAQ

Is Erandio a good location for a padel center?

Erandio scores 41.6/100 on the padelnomics Score, which evaluates investment potential based on supply gaps, catchment reach, market maturity, and sports culture. A mid-range score means solid potential — the market has room, but requires careful site selection. Use the Padelnomics planner to model your specific assumptions.

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

ROI depends on build cost, court count, pricing, and occupancy assumptions. In Erandio, market defaults are a peak rate of 8 EUR/hr and estimated occupancy of 36% (sources: booking and market data). Adjust the inputs in the planner to see how your scenario compares.

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

Total investment depends on venue type (indoor vs outdoor), land costs, and local construction standards in Spain. Typical benchmarks: an indoor court costs around €35,000 for court equipment plus building and fit-out; outdoor courts are significantly cheaper. Use the financial planner for a detailed Erandio cost breakdown.

How many padel courts are there in Erandio?

Erandio has 5 padel courts across 1 venues. With a population of 24K, that translates to 20.6 courts per 100,000 residents.

What are typical padel court rental prices in Erandio?

Peak hour rates average around 8 EUR/hr, while off-peak rates are approximately 8 EUR/hr. These figures come from live booking data.

How does Erandio compare to other Spain cities?

Erandio's padelnomics Score of 41.6/100 reflects its investment potential among tracked Spain cities. See the Spain market overview for a full comparison across cities.

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More Spain padel markets: Spain overview