Balearic Islands, Menorca, Alaior, Spain

In the very heart of Alaior stands a property you won't find twice: home, business and monthly income living side by side in a single building. It's a charming house with a ground floor and two upper floors, designed with a simple, clear logic in which each floor has its own purpose. It retains original features that give it character and personality, and thanks to a recent renovation it now enjoys excellent natural light and ventilation.

On the ground floor beats the commercial heart of the property: a fully operating premises with a long-term lease and all the equipment needed for a café, patisserie or bar, included in the sale. It has an accessible washroom, a storeroom and a staff bathroom, and enjoys its own terrace on one of Alaior's liveliest corners. It generates income from day one, and direct access to the courtyard is already planned. Beyond its current use, the premises has the potential to become an independent garage space, an apartment with its own entrance or an extension of the home, always subject to what local planning regulations allow.

Upstairs, the first floor is pure home: a spacious double bedroom with a built-in wardrobe, a second bedroom with plenty of room for a double bed, a carefully designed full bathroom, a cosy living room and a generous kitchen-diner with direct access to the courtyard.

The second floor is a blank canvas. With a toilet and storeroom already in place, its size allows it to be kept as one large living area or reconfigured into up to two further bedrooms. Above, the house also has a 25 m² usable roof terrace overlooking the old town and Alaior's historic church. Access to this space and its fit-out are still to be developed, so you can design it entirely to your taste.

And then there's the courtyard: 80 m² of private outdoor space right in the centre, a rare luxury. It's the perfect spot for alfresco dining, a garden or a place to relax. It is already wired for a small pool, and the party walls can be raised to gain privacy and install a pergola.

As a finishing touch, the property comes with air rights to build an additional floor over 70% of the plot, allowing the home to be extended at the rear.

A house to live well in and, while you're at it, to make it work for you.