A freshly renovated Mallorcan holiday home, overlooking the island of Ibiza, has hit the market for €2.95m – and it has serious earning potential.

Villa Son Font is being marketed via Urlaubsarchitektur and sits at the foot of the Tramuntana mountains on a seafront plot on the Mallorca’s southwest coast.

The five-bedroom island home was built in the 1980s but has been given a top-to-toe makeover by its Danish owners Bente and Mikkel Tang-Henriksen. They have reimagined its interiors as pristine open-plan spaces that mix Spanish and Nordic design elements with contemporary concrete finishes.

A self-contained guest apartment, comprising two rooms (one of which is a bedroom) also has its own entrance and kitchen.

The Spanish holiday home is wrapped in 300 sqm of terraces and comes with a swimming pool. For those seeking a canny investment, Villa Son Font has a tourist license and is projected to earn between €60-70,000 income as a holiday rental for the 2019 season (€20,000 of which is already booked.)

Interested parties can contact Tang-Henriksen directly: mikkeltang@gmail.com

Selling your home or got a tip for us? Email submissions@thespaces.com or tag your Instagram photos #thespacesforsale