Square One
Square One is a Cyprus real-estate development and investment group headquartered in Limassol, with a further office in London. Founded in 2021, it was built around a single thesis: deliver investment-grade residential product in Limassol, priced for yield and aimed at international capital. It runs a fully integrated platform — in-house development, architecture, sales, legal and post-sale management — led by managing director Demetris Papadopoulos alongside a team drawn from architecture, engineering, quantity surveying and finance. Its output is mostly boutique-to-mid apartment buildings with rooftop gardens and pools, plus selective commercial and hospitality schemes, concentrated almost entirely in Limassol with one project in Paphos.
Репутация Square One.
Square One is positioned as an investor-first Limassol developer. Rather than competing on trophy scale, it targets strong rental-demand neighbourhoods across the city and builds boutique-to-mid apartment buildings designed to let and resell — a fully integrated platform where development, architecture, sales, legal and post-sale management sit under one roof. Its leadership team spans architecture, civil engineering, quantity surveying and real-estate finance, and in 2026 the group extended into fund management with Square One Capital, targeting mid-market residential and urban regeneration.
Сдача проектов
Square One has a real delivery record for a young company: it reports 11 fully sold-out projects and 30,000+ m² of completed residential space, with 35+ projects across the platform and 400+ apartments built or in delivery. As a private developer it sells off-plan and under construction, staged across the build, rather than upfront in full.
Лет на рынке
Since 2021 (around 5 years). 11 fully sold-out projects; 35+ projects across the platform
Финансовая устойчивость
Square One reports having transacted €111 million across 398 units and assembled a live pipeline of 15 projects worth over €200 million, including 500+ new homes launched in 2026 for delivery around 2028. Its funding model relies on off-plan and under-construction sales staged across each build. Detailed corporate financials are not publicly disclosed.
Флагманские проекты Square One.
The Collection, Historical Centre
A boutique scheme of around 70 apartments in Limassol's historic centre, with roughly half of the units already sold during construction. Positioned for year-round, walk-everywhere city-centre rental demand rather than a purely seasonal hold.
The Docks, Tsiflikoudia
One of the group's largest single schemes — over 90 apartments across a mid-rise building in the Tsiflikoudia district near the western waterfront, with a project value reported at around €33 million. Aimed squarely at the buy-to-let investor.
Zoia, Kato Polemidia
A large residential development of roughly 150 homes in Kato Polemidia, one of Square One's biggest schemes by unit count — a volume, value-focused product in an established, well-connected Limassol suburb.
Aura Residences, Agios Athanasios
A boutique 16-unit building in Agios Athanasios, one of Square One's core residential districts. Small, design-led apartment schemes of this size — often with rooftop gardens or pools — are the developer's signature format.
Чем особенны Square One.
Фирменный стиль
Square One specialises in boutique-to-mid apartment buildings — design-led residential schemes, many with rooftop gardens and pools, placed in strong rental-demand neighbourhoods across Limassol. The core product is residential, complemented by serviced-apartment and hospitality schemes and a single commercial office building (APEX). New buildings are marketed to high (Grade A/A+) energy-efficiency standards, and homes are designed first as lettable, resellable investor assets.
Планы оплаты
Square One sells off-plan and under construction, with the price staged across the build in the standard Cyprus manner — a reservation fee, a larger payment on signing the contract of sale, interim stage payments as construction progresses, and the balance on delivery of keys. Exact terms vary by project and should be confirmed per scheme. Note that quoted prices are ex-VAT ("+VAT").
Сильные стороны и что учесть.
Где Square One сильны
- Investor-first developer — boutique-to-mid buildings deliberately sited in strong rental-demand Limassol neighbourhoods, designed to let and resell
- A genuine delivery record for a young firm: 11 sold-out projects, 398 units and €111M transacted, 30,000+ m² completed since 2021
- Any nationality can buy freehold in Cyprus; non-EU buyers get routine Council of Ministers approval (about 2–3 months), with title registered at the Land Registry and the contract lodged for specific-performance protection
- A new primary-market property from €300,000 (plus €50k/yr income from abroad) can support a Cyprus Permanent Residency application — a residence permit, not citizenship
- Investor-friendly tax: no inheritance, gift or wealth tax, no annual national property tax, and stamp duty abolished; non-doms pay 0% on dividends, interest and rent for 17 years
- A euro-denominated, EU market under English common law, with English widely spoken; entry on Palmera from €171,000 (+VAT)
Что стоит учесть
- —Prices are quoted ex-VAT: 19% standard VAT applies; the reduced 5% rate is only for an owner-occupied first home (first 130 m², caps €350k value / €475k transaction) — a buy-to-let or PR unit pays 19%
- —Much of the portfolio is off-plan or under construction — several 2026 launches deliver around 2028, so it calls for patient capital and carries delivery risk
- —Capital gains tax of 20% applies to gains on Cyprus property
- —Permanent Residency requires a €300k+ new property plus €50k/yr foreign income; it is a residence permit, not citizenship (citizenship-by-investment was abolished in 2020), and Cyprus is in the EU but not yet in full Schengen — it does not grant border-free travel
- —An investor-concentrated model leans on rental demand, which can be more cyclical than owner-occupier housing
Все проекты Square One.
20 активных проектов — обновляется ежедневно.
