With over 70 projects financially committed, 7 facilities currently under construction and 7 others operating successfully, our Wavegarden Cove technology has proven to be the number 1 choice for developers and investors worldwide.
>200,000 visitors per year
88 surfers simultaneously
300-1000 waves per hour
150,000 surf sessions (hours) per year
35-60 € per surf session
20-30 M€ estimated total development cost of the surf park *
10-13 M€ cost of the lagoon, wave generator and water treatment system ( project in Spain)
5-12 M€ EBITDA
6-7 M€ expenses in stabilized year
350 kWh average energy consumption per surf session (1 hr)
>20 % leveraged IRR
A Wavegarden® offers the greatest variety of quality waves and the maximum user capacity, key factors for a successful business. Our lagoon design is the most efficient due to its size to user capacity ratio and its low operating costs.
Our surf parks open to the public, both stand-alone and those that have been installed as central features of residential communities and large-scale mixed-use developments, have all proven to be commercially profitable.
Indeed, the high lagoon occupancy and the success of surrounding commercial businesses has encouraged our current partners to invest in additional Wavegarden facilities in other locations. URBNSURF is now constructing their second surf park in Sydney; The Wave has signed a deal to deliver 6 more facilities across the UK and Ireland, and our partner in Brazil is planning to deliver as many as 10 facilities across the country.
Wavegarden offers a full range of business and engineering services necessary to ensure the immediate and long-term success of your surf park.
A Wavegarden® transforms any location into a dream surfing destination blessed with guaranteed waves and an exotic beach environment. The combination of our unique concept and innovative technology provides a dynamic business opportunity with countless possibilities, the centerpiece consisting of perfect waves designed and adapted for surfers of all levels and ages.
Drawing inspiration from some of the world’s foremost surf locations, we create a relaxed, natural environment that is guaranteed to feature highly on the must-visit lists of surfers, beach enthusiasts and spectators.
In addition to being a place where friends and family can enjoy practicing the sport together, a Wavegarden can incorporate numerous other engaging leisure and entertainment activities, enhancing the overall experience and guaranteeing a high occupancy all year long.
Supporting businesses may include a surf school and high-performance center, a surf shop, restaurants, bars, and accommodation. This rich variety of activities and services will entice customers to stay for longer and return more frequently, thereby generating additional revenue streams.
Surfing is a hugely popular spectator sport that attracts large groups of viewers, both live and remotely via internet and TV. Further revenue will be generated from surfing events, surf camps, corporate functions, concerts and sponsorships.
