Palma, Spain

Palma

Balearic Islands, Spain

LuxuryNatureSailingPremium Lifestyle
€2,200
Monthly Budget
€1,200
1BR Rent
300 Mbps
Avg Internet
290/yr
Sun Days

Why Palma?

The Mediterranean's most beautiful island city. Premium lifestyle, crystal-clear water, and a sophisticated international community — at a price. Best for nomads with solid income.

Cost of Living Breakdown

ExpenseMonthly CostNotes
1BR apartment (centre)€1,200Bills typically extra €80–120
Coworking membership€200Hot desk; private office from €350
Groceries€250–350Mercadona is the best value supermarket
Eating out (avg meal)€12–18Menú del día (€10–14) is excellent value
Transport (monthly pass)€40–70Most nomads use a bicycle or scooter too
Health insurance€50–80Private, for Visa. SANITAS or CIGNA recommended
Total estimate€2,200Comfortable lifestyle with dining out

Best Neighborhoods

Where you live matters as much as which city you choose. Here are the neighbourhoods most popular with digital nomads in Palma:

Santa Catalina

Trendy & foodie

The trendiest neighbourhood. Best restaurants, market, young internationals.

Avg 1BR:€1,350/mo

Casco Antiguo

Historic & premium

Stunning Gothic old town. Beautiful but expensive and touristy.

Avg 1BR:€1,500/mo

El Molinar

Beach & local

Seaside village feel just outside centre. More authentic, slightly cheaper.

Avg 1BR:€1,100/mo

Best Coworking Spaces

Palma has 15+ coworking spaces, ranging from community-focused hubs to premium private offices. Here are our top picks:

Browse all coworkings in Spain

SpaceRatingDay passMonthlyHoursAddress
Velvet Coworking
4.7
desde €18/díadesde €170/mesL-V 9-20hCarrer de Sant Magí 75
Palma Activa
4.5
desde €12/díadesde €140/mesL-V 9-19hCarrer de l'Uruguai s/n
The Office Palma
4.4
desde €15/díadesde €150/mesL-V 9-19hPalma centro
Spaces Palma
4.5
desde €20/díadesde €200/mes24/7Palma de Mallorca
Coworking Palma Center
4.2
desde €10/díadesde €110/mesL-V 9-18hPalma centro

Pros & Cons

The Good

  • Most beautiful city setting in Spain
  • Crystal clear Mediterranean water 10 min from centre
  • Highly international, English widely spoken
  • Excellent cuisine and lifestyle infrastructure
  • Strong sailing and outdoor sports community
  • Great air connectivity to Northern Europe
  • Premium quality of life
  • Sophisticated expat community

Watch Out For

  • High season (June–September) extremely expensive and crowded
  • Off-season economy slower, fewer opportunities
  • Island isolation
  • Becoming increasingly unaffordable
  • Anti-tourism tensions rising
  • Limited coworking options vs mainland