Property for sale with a yield of approximately 5%. Located at Calle Magnolias 56, it is managed by a leading company in the sector and guarantees the rental income to the owner. This company takes care of everything, including furnishing, cleaning, laundry, and replacing any defective or lost furniture items. The property receives its monthly rent promptly. Built with the best quality materials and a modern and functional design, this apartment is part of a set of two apartments sold together for a total price of €395,000. They have residential use and are also licensed for tourist accommodation. The apartments have areas of 32.87 and 32.13 m2 respectively, with a monthly rent of €750 for each unit. Located in the vicinity of a main area of Madrid, very close to one of the city's reference business centers. The property benefits from its proximity to Paseo de la Castellana and Plaza de Castilla, as well as the business center of Madrid's skyscrapers and La Paz Hospital. It is also very close to the Santiago Bernabéu Stadium. The property has excellent transportation connections, with a bus interchange, train station, and metro station nearby, as well as its proximity to Madrid's main artery. All utility expenses are covered by the management company, except for the property tax (IBI) and waste collection tax (TRU) of €450 and a homeowners' association fee of €10/month.