SAPPHIRE I

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SAPPHIRE I by GPA Upgraded Homes: Modern Residential Investment in Nicosia, Cyprus

SAPPHIRE I by GPA Upgraded Homes is an under-construction residential project in Lykavitos, Nicosia, Cyprus, designed for buyers who want a modern apartment in a central urban location with strong everyday convenience. Located in Nicosia Center, the project offers a practical residential setting close to shopping, public transport, city infrastructure and the active business rhythm of the capital.

The development includes 14 carefully planned units, with 1-, 2- and 3-bedroom apartments across the building. The project has an energy efficiency rating A and is positioned in a quiet yet lively neighbourhood, making it relevant for both personal use and residential investment in Cyprus.

For buyers comparing apartments for sale in Nicosia, SAPPHIRE I by GPA Upgraded Homes offers a clear city-focused concept: modern flats, efficient layouts, covered verandas, selected roof garden options and a location close to the commercial growth of central Nicosia. It is a project built around accessibility, rental appeal and long-term urban usability.

About SAPPHIRE I by GPA Upgraded Homes

SAPPHIRE I is located in Lykavitos, one of the well-established central areas of Nicosia. The project is currently under construction and includes 14 units in total. The residential mix includes 1-bedroom, 2-bedroom and 3-bedroom flats, giving buyers several options depending on their space needs, lifestyle and intended use.

The apartments are designed with modern finishes, well-equipped kitchens and practical closet space. This makes the homes suitable for everyday city living, where comfort, storage and efficient layouts are especially important. The project is not presented as a resort-style development, but as a central residential building for people who want to live close to the city’s daily infrastructure.

The energy efficiency rating A is another important part of the project’s profile. For modern apartments in Nicosia, Cyprus, energy performance can influence comfort, running costs and long-term usability. This gives SAPPHIRE I a stronger practical value for buyers who consider both location and building quality.

  • Residential project in Lykavitos, Nicosia, Cyprus
  • Developed by GPA Upgraded Homes
  • Under construction
  • 14 residential units
  • 1-, 2- and 3-bedroom flats
  • Energy efficiency rating A
  • Modern finishes
  • Well-equipped kitchens
  • Closet space
  • Quiet yet lively neighbourhood

Location in Lykavitos, Nicosia Center

The location of SAPPHIRE I by GPA Upgraded Homes is one of the project’s main advantages. Lykavitos offers access to Nicosia Center while keeping a more residential neighbourhood character. This balance is important for buyers who want to stay close to the capital’s business, shopping and transport infrastructure without choosing a purely commercial setting.

The project is close to shops, public transport and the busy city centre of Nicosia. The project information lists shops at 0.10 km, school at 1.00 km, hospital at 6.00 km, airport at 49.00 km and beach at 45.00 km. These distances help present the project as a practical urban address with access to key services in Cyprus’s capital.

The location is also connected to the transformation taking place in the city centre. Demand for modern residential units in central locations is supported by professionals, students and expatriates looking for rental accommodation near the city’s commercial and service infrastructure.

  • Located in Lykavitos, Nicosia Center
  • Central location in Nicosia, Cyprus
  • Close to shopping and public transport
  • Shops: 0.10 km
  • School: 1.00 km
  • Hospital: 6.00 km
  • Airport: 49.00 km
  • Beach: 45.00 km
  • Close to the busy city centre of Nicosia

Apartments and Unit Mix

The unit mix at SAPPHIRE I by GPA Upgraded Homes is designed to serve different buyer profiles. The project includes 1-bedroom apartments for compact city living, 2-bedroom apartments for more flexible use and 3-bedroom apartments for buyers who need larger homes in central Nicosia.

The 1-bedroom units include internal areas of 50 m² and 52 m², with covered verandas ranging from 7 m² to 20 m² depending on the unit. These homes can suit buyers looking for a practical city apartment, a rental property or a compact residence in Lykavitos.

The 2-bedroom units include internal areas of 75 m² and 79 m², with covered verandas ranging from 20 m² to 40 m². Some of these units also include roof garden areas of 42 m². The 3-bedroom units include internal areas of 100 m², with covered verandas of 20 m² or 33 m², and one listed unit includes a roof garden of 45 m².

  • 1-bedroom flats with 1 bathroom
  • 2-bedroom flats with 2 bathrooms
  • 3-bedroom flats with 2 bathrooms
  • Internal areas from 50 m² to 100 m²
  • Covered verandas from 7 m² to 40 m²
  • Selected units with roof gardens
  • Total areas listed from 60 m² to 142 m²

Verandas, Roof Gardens and Outdoor Space

Outdoor space is an important part of the project’s apartment planning. Many units include covered verandas, giving residents a private open-air area within a central urban setting. In Nicosia real estate, this kind of feature can make a compact apartment feel more comfortable and flexible.

Some units also include roof garden areas. Unit 301 is listed with a 42 m² roof garden, unit 302 with a 42 m² roof garden, unit 401 with a 45 m² roof garden and unit 402 with an 18 m² roof garden. These outdoor areas add a more private lifestyle dimension to selected apartments.

For buyers comparing modern apartments in Cyprus, verandas and roof gardens can be an important point of difference. They create additional usable space and improve the day-to-day experience of a home, especially in a city where outdoor comfort is valuable for both residents and tenants.

Modern City Living and Daily Comfort

SAPPHIRE I by GPA Upgraded Homes is designed around practical comfort rather than unnecessary complexity. The project description highlights well-equipped kitchens, modern finishes and plenty of closet space, all of which support daily use in a central residential apartment.

This matters because city apartments need to be efficient. Buyers and tenants often look for homes that feel easy to live in, with a practical kitchen, enough storage and a layout that supports working, relaxing and daily routines. The apartment sizes and layouts in SAPPHIRE I reflect this type of urban demand.

The project’s quiet yet lively neighbourhood setting also supports everyday living. Residents can be close to shops, public transport and city services, while still returning to a residential environment. This is one of the reasons Lykavitos can be attractive for people looking at property for sale in Nicosia.

Investment Appeal in Central Nicosia

The investment angle of SAPPHIRE I by GPA Upgraded Homes is closely connected to its location. The project is positioned in a thriving urban zone, close to major commercial and infrastructure developments. Within less than 500 metres, more than 7 major commercial buildings are under development.

The Landmark Development is also highlighted in the project information. It includes mixed-use commercial space of 2,000 m², a luxury hotel and a residential tower. This type of nearby development can raise the profile of the area and support stronger demand for nearby residential accommodation.

For buyers considering residential investment in Cyprus, this context is important. New, well-designed units near commercial growth areas can appeal to urban professionals, international tenants, students and expatriates looking for rental accommodation in central locations. The project’s position in Lykavitos gives it direct relevance to this demand.

  • Located in a central urban zone
  • Close to major commercial developments
  • More than 7 commercial buildings under development within less than 500 metres
  • Near the Landmark Development
  • Rental appeal connected to professionals, students and expatriates
  • Short- and long-term rental potential
  • Relevant for buyers seeking strategic entry into Nicosia’s property market

Availability and Apartment Status

The project includes 14 properties in total, with a mix of available, reserved and sold units. This makes it important for buyers to review the latest availability before making a decision. The unit list includes available 2-bedroom and 3-bedroom flats, alongside units marked as sold or reserved.

Examples of available units include Unit 102 with 2 bedrooms, 2 bathrooms, 75 m² internal area, 20 m² covered veranda and 97 m² total area. Unit 201 is listed with 3 bedrooms, 2 bathrooms, 100 m² internal area, 33 m² covered veranda and 136 m² total area. Unit 303 is listed with 2 bedrooms, 2 bathrooms, 79 m² internal area, 20 m² covered veranda and 103 m² total area.

Unit 401 is listed with 3 bedrooms, 2 bathrooms, 100 m² internal area, 20 m² covered veranda, 45 m² roof garden and 120 m² total area. These examples show the range of layouts available in the project, from compact investment-style units to larger apartments with more space.

Why Buyers May Consider SAPPHIRE I by GPA Upgraded Homes

SAPPHIRE I by GPA Upgraded Homes may suit buyers who want a modern apartment in Nicosia with central access, practical layouts and investment relevance. Its location in Lykavitos places it near shops, public transport, city services and ongoing commercial development, which supports both personal use and rental appeal.

The project can also be relevant for buyers who want a choice of apartment sizes. With 1-, 2- and 3-bedroom flats, covered verandas and selected roof garden options, SAPPHIRE I provides different formats for different needs. This makes it suitable for individuals, couples, small families and investors comparing apartments for sale in Nicosia.

Another reason to consider the project is its energy efficiency rating A. In a modern residential project, energy performance is not only a technical detail. It can support long-term comfort and make the property more attractive to users who care about quality, running costs and building standards.

Buying Considerations

When comparing property for sale in Cyprus, buyers should look carefully at location, apartment size, veranda area, roof garden options, unit status, rental demand and nearby development activity. SAPPHIRE I brings several of these factors together in one central Nicosia project.

The project is under construction, so buyers should review the latest construction stage, unit availability, floor plans, delivery timeline, payment conditions, specifications and legal documentation before making a final decision. This is especially important when choosing between available, reserved and sold units in the same development.

For buyers exploring Nicosia real estate, SAPPHIRE I offers a specific profile: a central residential project in Lykavitos with 14 units, energy efficiency A, apartment options from 1 to 3 bedrooms and a location connected to the city’s commercial transformation.

Conclusion

SAPPHIRE I by GPA Upgraded Homes offers a modern residential investment concept in Lykavitos, Nicosia, Cyprus, with 14 units, 1-, 2- and 3-bedroom flats, covered verandas, selected roof garden options and energy efficiency rating A. Its location close to shops, public transport, city services and major commercial developments gives the project a strong urban identity.

For buyers comparing apartments for sale in Cyprus, SAPPHIRE I stands out through its central Nicosia location, practical layouts, rental appeal and connection to the ongoing transformation of Nicosia Center. It is a project for those seeking modern city living, strategic residential investment and long-term usability in one of the capital’s active urban areas.

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About the project

icon Buildings

1

icon Number of floors

4

icon Number of apartments

14

Project advantages

Prices directly from the developer Apartment prices displayed on the site may change over time; please check the current price when inquiring.

Type of property
Rooms
Price
Floor
Apartments
1
Starting from €175,000
-
Apartments
2
Starting from €245,000
-
Apartments
3
Starting from €345,000
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SAPPHIRE I

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