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 membership200Hot 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 estimate2,200Comfortable 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:

SpaceTypePriceRatingNotes
Business PalmaBusiness coworking€220/mo
4.4
Professional environment. Popular with finance and consulting nomads.
Palma HubCommunity coworking€180/mo
4.2
Good community, regular events. Friendly atmosphere.

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