I bought a new MacBook Pro 13" (M2) yesterday and installed Parallels 17.1.4 today. When I try to select install win 11, I get a message The folder " /users/myname/Parallels" used to store the virtual machine is not available. I contacted Support and they basically referred me here and offered no other help. I am no computer geek, but I have used a MacBook Pro (late 2013) with Parallels and win 10 with little or no problem. Any help appreciated. I am a subscriber to Parallels. I am a Windows insider registered.
I eventually solved my problem by going to Microsoft insider downloads site, downloaded the arm64 preview program and it installed. Win 11 seems to be working properly, running a couple of programs I needed. And wow win 11 is sooo much faster, and cleaner than win 10