"Palma's market seafood counter — Kraken cooks the morning's catch from inside Mercat de l'Olivar, the island's freshest lunch, no bookings."
About Kraken
Kraken is a seafood counter set inside the Mercat de l'Olivar, Palma's grand covered market at Plaça de l'Olivar 10, in the centre of Mallorca's capital. It buys its fish and shellfish each morning from the surrounding market and the La Lonja stalls, so the day's catch goes straight from the market floor to the plate — a simple, product-led approach that mixes Mallorcan touches with international ones.
For Mallorca's other seafood and dining options, compare the global tapas at Vandal, the Spanish room Sadrassana and chef Marc Fosh's Marc Fosh. Kraken belongs to the island's seafood and fine-dining scene.
The Kitchen
The cooking is dictated by the market: whatever came in fresh that morning, treated simply so the product carries the plate. Expect oysters, fish and shellfish off the day's catch, cooked with respect rather than fuss, with Mallorcan and international touches. Because it works off the market, the offer changes daily and the kitchen runs only at lunch, during market hours, Monday to Saturday. Pricing is mid-range for a seafood lunch — figure roughly €30 to €60 a head depending on what you order by weight.
The Room
The room is the market itself — a counter and tables inside the bustle of the Mercat de l'Olivar rather than a formal dining room, which is the appeal. It opens for lunch only, roughly 11am to 4pm Monday to Saturday, and it does not take reservations, so it suits a walk-in lunch built around the freshest thing on the ice rather than a planned dinner. Arrive early on a market day for the best of the catch.
Best for Solo Dining
A market counter, walk-in seating and the day's freshest catch make Kraken an easy solo lunch or a casual first date in Palma. The communal market buzz also carries a relaxed team lunch.
Not for
Not for a quiet dinner, a planned celebration or a reservation — Kraken is a lunch-only, no-bookings market counter inside a busy hall, built around whatever came in fresh that morning.
Frequently Asked
What is Kraken in Palma known for?
It is a market-to-table seafood counter inside the Mercat de l'Olivar, known for buying its fish and shellfish each morning from the market and La Lonja stalls and cooking the day's catch simply — oysters, fish and shellfish at their freshest.
What should I order?
Whatever is freshest on the day — oysters and the day's fish and shellfish off the market floor, cooked simply with Mallorcan and international touches.
How much does it cost?
Mid-range for a seafood lunch — roughly €30 to €60 per person depending on what you order by weight.
Where is Kraken located?
Inside the Mercat de l'Olivar at Plaça de l'Olivar 10, in the centre of Palma de Mallorca.
Do I need a reservation?
No — Kraken does not take reservations and opens for lunch only, roughly 11am to 4pm Monday to Saturday; arrive early on a market day for the best catch.
Reserve a Table
Reserve at Kraken
No reservations; lunch only, ~11am–4pm Mon–Sat. Arrive early.
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Practical Information
AddressMercat de l'Olivar, Plaça de l'Olivar 10, Palma
NeighbourhoodMercat de l'Olivar, Palma
CuisineSeafood
PriceAround €30–€60 per person
Dress CodeCasual
SeatingMarket counter and tables
ReservationWalk-in only