Is Palma Worth Building a Padel Center In?

As of November 2026, Padelnomics counts 13 padel clubs in Palma, Spain, or 21.0 padel courts per 100,000 residents, in a city of about 438,000 residents. Its Padelnomics Score, our rating of the opportunity for a new club, is 95 out of 100. Source: Padelnomics, from booking platforms, public map data and official population statistics.

Padel Venues
13
padelnomics Score
95.0/100
Courts/100K
21.0
Population
438K
Key takeaway: Palma is a standout investment opportunity — strong demand signals, meaningful supply gaps, and unit economics that support new builds.

Yes — Palma ranks among the most promising locations in Spain with a padelnomics Score of 95.0/100. This page breaks down what a padel investment in Palma 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 Palma actually return? The financial model below uses the national court prices and occupancy for Spain and the country's build costs; the figures measured in Palma itself are in Research.

What Does a Padel Investment Cost in Palma?

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

Palma, ES Investment Breakdown
Item Amount Detail
Padel Courts €175,000 7×dbl + 0×sgl
Shipping €12,000
Floor Preparation €6,731
HVAC Upgrade €11,218
Lighting Upgrade €5,609
Fit-Out & Reception €22,435
Permits & Compliance €9,392
Equipment €4,100
Working Capital €8,413
Miscellaneous €6,000
Contingency (10%) €26,090
Total CAPEX €286,988
Per Court €40,998
Per m² €137
LTV 0%
Equity €286,988
Loan €0
Total €286,988

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 Palma

Palma, ES Revenue & Operating Costs

Revenue Model

Weighted Rate €18/hr
Utilization Target 45%
Booked Hours/mo 1,462

Monthly OPEX

Item Monthly Detail
Rent €7,127 2090m² × €3.41/m²
Insurance €258
Electricity €389
Heating €271
Water €107
Maintenance €244
Cleaning €244
Marketing / Software / Misc €284
Staff €7,000 7 × €1000
Total Monthly OPEX €15,924

Monthly Summary

Gross Revenue €36,641
Booking Fees −€2,572
Net Revenue €34,068
Operating Costs −€15,924
EBITDA €18,144
Debt Service €0
Net Cash Flow €18,144

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

Palma, ES Returns & Financing

Return Metrics

IRR (5yr) 77.0%
MOIC 8.47x
Payback 22 months
Cash-on-Cash 78.9%
Yield on Cost 82.1%
EBITDA Margin 53%

Exit Analysis

Exit Value (6.0x EBITDA) €1,414,085
Remaining Loan €0
Net Exit €1,414,085

Financing

Loan Amount €0
Rate / Term 5.0% / 10yr
Monthly Payment €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 Spain. 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 21.0 courts per 100K residents, Palma 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.

Palma Market Overview

Metric Value
Courts 92
Courts per 100K residents 21.0
Venues 13
Venues per 100K residents 3.0
padelnomics Score 95.0/100
Data Confidence 100%

FAQ

Is Palma a good location for a padel center?

Palma scores 95.0/100 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 Palma?

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 Palma; 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 Palma?

Total investment depends on venue type (indoor vs outdoor), land costs, and local construction standards in Spain. Typical benchmarks: an indoor court costs around €25,000 for court equipment plus building and fit-out; outdoor courts are significantly cheaper. Use the financial planner for a detailed Palma cost breakdown.

How many padel courts are there in Palma?

Palma has 92 padel courts across 13 venues. With a population of 438K, that translates to 21.0 courts per 100,000 residents.

What are typical padel court rental prices in Palma?

Padel prices in Palma 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 Palma compare to other Spain cities?

Palma's padelnomics Score of 95.0/100 reflects its investment potential among tracked Spain cities. See the Spain market overview for a full comparison across cities.

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

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


More Spain padel markets: Spain overview