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Final installment for the Palma Arena: a small weight lifts from the Balearics
The Final Cost of the Palma Arena Loan
The Palma Arena loan and interest add up to €76.28 million, according to the latest figures.
Published: April 23, 2026
Answer
How much did the Palma Arena cost in the end?
The total cost of the loan over the years, including repayments and interest, came to €76.28 million. That figure reflects the long financial burden linked to building the former Palma Arena, now used as the Velòdrom Illes Balears.
More questions on this topic
Related follow-up questions from the same article, collected in one place.
1FAQ
What happens in Mallorca when the Palma Arena loan is finally paid off?
The repayment will free up part of the Balearic budget.
Quick overview
2FAQ
What is the Velòdrom Illes Balears used for today?
It is used for sport, events and concerts.
Quick overview
3FAQ
Does Mallorca still have to pay for the Palma Arena parking garage?
The parking garage loan has already been cleared.
Quick overview
4FAQ
Will the Palma Arena debt repayment improve sports funding in Mallorca?
Yes, it could free up budget room for sport.
Quick overview
5FAQ
Why does the Palma Arena repayment matter for Palma’s budget?
It frees up money in the public budget.
Quick overview
6FAQ
Could the Palma Arena money go to cultural projects in Mallorca?
Yes, culture could benefit, depending on budget decisions.
Quick overview
7FAQ
What does the Palma Arena debt payoff mean for everyday life in Mallorca?
It could leave more money for small local improvements.
Quick overview
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