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Properties and projects for sale in
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SAPPHIRE I, starting from โ‚ฌ210,000

Lykavitos, Nicosia Center, Nicosia, Cyprus

Expected occupancy date: January 2026

Logo of GPA Upgraded Homes

Project developer:

GPA Upgraded Homes

1 buildings

4 floors

14 apartments

About the project

Welcome to our modern living spaces, where style meets comfort. Explore our 14 meticulously designed apartments, ranging from cozy one-bedroom to spacious three-bedroom units, each featuring covered and uncovered verandas to enjoy the Cyprus sun. Choose from various floor plans to suit your lifestyle, whether you prefer a cozy retreat or expansive rooms. - 2 km from the city center - 14 units: 1, 2, and 3-bedroom apartments - Use of alternative energy sources - Energy efficiency rating A Benefits for investors in the project: โ€ข Very close to Nicosia General Hospital (expanded at a cost of $35 billion) โ€ข University expansion (from 7000 to 13000 students) 1.5 km from the property with a bus stop in front of the property. This creates a need for housing. โ€ข Nicosia is becoming a business hub, attracting foreign companies that want to be close to government services. โ€ข Nicosia is among the best cities of the future. โ€ข Nicosia has the highest percentage of government employees. The second highest per capita income among average workers. โ€ข Less reliant on tourism, strong and predictable, low speculation and high stability. โ€ข Easy access to the Highway and other cities e.g. Larnaca, Ayia Napa, PROTARAS, LIMASSOL (located outside the city center). Starting from 210,000 Euros

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Apartment types

2 rooms

75 sqm

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About the developer: GPA Upgraded Homes

Welcome to GPA Upgraded Homes Ltd, your premier destination for advanced construction and development solutions in Cyprus. Headquartered in the vibrant city of Limassol, with an extensive portfolio of projects across the island, we are a team of experienced engineers and contractors dedicated to delivering excellence in every endeavor. Envision your ideal property, a meticulously crafted space that embodies your unique vision and aspirations. Whether it's a custom-built home tailored to your lifestyle or the revitalization of your existing property, GPA Upgraded Homes Ltd is poised to exceed your expectations.

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Project developer:

GPA Upgraded Homes

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Project developer:

GPA Upgraded Homes

A representative from GPA will contact you via WhatsApp

Project location

Lykavitos, Nicosia Center, Nicosia, Cyprus

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Key metrics

New price per sqm

-

Used price per sqm

โ‚ฌ2,075

Monthly rent

โ‚ฌ733

Gross yield

5.56%

Investor info in

is a municipality in ื ื™ืงื•ืกื™ื” and the surrounding area with an area of 44.9 sq km. Currently, most listings in the area are 120+ sqm, but there are other sizes available. Average used price per sqm is about โ‚ฌ2,075 with a gross yield of 6% Learn more about the neighborhood

Price list for municipality

Price per sqm

Total price

sqm

Used price per sqm

Monthly rent

40-64

โ‚ฌ2,175

โ‚ฌ10

65-89

โ‚ฌ2,068

โ‚ฌ9

90-119

โ‚ฌ1,919

โ‚ฌ8

120+

โ‚ฌ1,588

โ‚ฌ6

Prices do not represent ground floor or basement apartments, which are often lower by tens of percent. This list is not an official source or a substitute for professional advice.