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    Accueil / Promoteurs / Square One
    Limassol's investor-focused residential developer — boutique-to-mid buildings, priced for yield.

    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.

    Siège social Limassol, Cyprus (with a London office)
    Limassol
    Headquarters
    398 units · €111M
    Track record
    20
    Active on Palmera
    LE PALMARÈS

    Square One de palmarès.

    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.

    Historique de livraison

    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.

    Années d'activité

    Since 2021 (around 5 years). 11 fully sold-out projects; 35+ projects across the platform

    Solidité financière

    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.

    Siège socialLimassol, Cyprus (with a London office)
    TypePrivate real-estate development & investment group
    Projets actifs20
    Prix d'entréeà partir de 171K AED
    COMMUNAUTÉS EMBLÉMATIQUES

    Square One emblématiques destinations.

    Boutique residential · Limassol old town
    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.
    Coastal-district residential · Limassol
    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.
    Large-scale residential · Limassol
    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.
    Boutique residential · Limassol
    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.
    CE QUI LES DISTINGUE

    Ce qui rend Square One unique.

    Types de biens ApartmentsStudiosPenthousesServiced apartmentsCommercial / offices
    Segment de prix Mid-market to premium (investor-focused)

    Style signature

    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.

    Plans de paiement

    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").

    LE REGARD HONNÊTE

    Atouts et points de vigilance.

    Là où Square One brille
    • 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)
    À prendre en compte
    • 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
    20 PROJET ACTIFS

    Tous les projets de Square One.

    En direct du catalogue — du moins cher au plus cher. Cliquez sur une carte pour accéder à la page complète du bien.

    SUR PLAN
    Agios Athanasios · Limassol

    Aura, Agios Athanasios, Limassol

    Studio, 1 & 2 Bedroom Apartments & Penthouses Livraison 30 April 2028
    À partir de
    171 000EUR
    SUR PLAN
    Kato Polemidia · Limassol

    ZOIA, Kato Polemidia, Limassol

    1, 2 & 3 Bedroom Apartments Livraison TBA
    À partir de
    211 000EUR
    SUR PLAN
    Agios Ioannis · Limassol

    NEON, Agios Ioannis, Limassol

    1, 1+1 & 2 Bedroom Apartments Livraison 30 November 2028
    À partir de
    235 000EUR
    SUR PLAN
    Agios Athanasios · Limassol

    NAYA, Agios Athanasios, Limassol

    Studio, 1 & 2 Bedroom Apartments Livraison June 2028
    À partir de
    241 000EUR
    SUR PLAN
    Katholiki · Limassol

    Solea, Katholiki, Limassol

    1, 2 & 3 Bedroom Apartments Livraison March 2029
    À partir de
    249 000EUR
    SUR PLAN
    Historical Centre · Limassol

    The Collection, Historical Centre, Limassol

    Studio, 1 & 2 Bedroom Apartments Livraison TBA
    À partir de
    259 000EUR
    SUR PLAN
    Agia Fyla · Limassol

    Aether, Agia Fyla, Limassol

    1, 1+1 & 2 Bedroom Apartments Livraison 30 November 2028
    À partir de
    276 000EUR
    SUR PLAN
    Agios Athanasios · Limassol

    DELOMA, Agios Athanasios, Limassol

    1 & 2 Bedroom Apartments Livraison November 2028
    À partir de
    293 000EUR
    SUR PLAN
    Petrou kai Pavlou · Limassol

    Apollo, Petrou kai Pavlou, Limassol

    1 & 2 Bedroom Apartments Livraison 30 October 2028
    À partir de
    319 000EUR
    SUR PLAN
    Mesa Geitonia · Limassol

    Achilleas, Mesa Geitonia, Limassol

    1, 1+1 & 2 Bedroom Apartments Livraison September 2028
    À partir de
    319 000EUR
    SUR PLAN
    Agios Nikolaos · Limassol

    Orama, Agios Nikolaos, Limassol

    1, 1+1 & 2 Bedroom Apartments & Penthouses Livraison May 2028
    À partir de
    325 000EUR
    SUR PLAN
    Tsiflikoudia · Limassol

    The Docks, Tsiflikoudia, Limassol

    Studio, 1 & 2 Bedroom Apartments Livraison 2028
    À partir de
    329 000EUR
    SUR PLAN
    Agios Athanasios · Limassol

    Lennox, Agios Athanasios, Limassol

    1, 1+1, 2 & 3 Bedroom Apartments Livraison 31 December 2028
    À partir de
    330 000EUR
    SUR PLAN
    Agios Athanasios · Limassol

    Aldo, Agios Athanasios, Limassol

    2 Bedroom Apartments & Penthouse Livraison 31 December 2028
    À partir de
    339 000EUR
    SUR PLAN
    Universal · Paphos

    Zaya, Universal, Paphos

    2 Bedroom Apartments Livraison September 2028
    À partir de
    349 000EUR
    SUR PLAN
    Mesa Geitonia · Limassol

    NOA, Mesa Geitonia, Limassol

    1 & 2 Bedroom Apartments & Penthouses Livraison June 2028
    À partir de
    369 000EUR
    SUR PLAN
    Agios Nikolaos · Limassol

    NEVE, Agios Nikolaos, Limassol

    1+1 & 2-Bedroom Apartments and Penthouse Livraison 29 February 2028
    À partir de
    459 000EUR
    SUR PLAN
    Germasogeia · Limassol

    KAIA, Germasogeia, Limassol

    1, 1+1 & 2 Bedroom Apartments Livraison July 2028
    À partir de
    575 000EUR
    SUR PLAN
    Agios Nikolaos · Limassol

    Orion, Agios Nikolaos, Limassol

    1, 2 & 3 Bedroom Apartments & Penthouses Livraison 30 June 2027
    À partir de
    639 000EUR
    SUR PLAN
    Petrou kai Pavlou · Limassol

    APEX, Petrou kai Pavlou, Limassol

    Whole-floor offices Livraison TBA
    À partir de
    1 161 000EUR
    BON À SAVOIR

    Questions fréquentes sur Square One.

    Who is Square One?+

    Square One is a Cyprus real-estate development and investment group headquartered in Limassol, with an office in London. Founded in 2021, it focuses on investor-grade residential property in Limassol — with selective commercial and hospitality schemes — and runs a fully integrated platform covering development, architecture, sales, legal and post-sale management. It reports 11 fully sold-out projects and €111 million transacted across 398 units.

    What does Square One build, and where?+

    Square One builds mainly boutique-to-mid apartment buildings, many with rooftop gardens or pools, plus serviced-apartment, hospitality and commercial schemes. Its work is concentrated almost entirely in Limassol — across districts such as Agios Athanasios, Mesa Geitonia, the Historical Centre, Tsiflikoudia and Kato Polemidia — with one project in Universal, Paphos. On Palmera it lists 20 projects from €171,000 (+VAT).

    What is Square One's track record?+

    Since 2021 Square One reports 11 fully sold-out projects, 398 units and €111 million transacted, and 30,000+ m² of completed residential space, across 35+ projects on its platform. It has a live pipeline of 15 projects worth over €200 million, including 500+ new homes launched in 2026 for delivery around 2028. Most Palmera-listed projects are off-plan or under construction.

    Can foreigners buy a Square One property in Cyprus?+

    Yes. Any nationality can buy freehold property in Cyprus. Non-EU buyers need Council of Ministers approval, which is routine and typically takes about 2–3 months. Title is registered at the Cyprus Land Registry (Department of Lands & Surveys) — there is no DLD or RERA — and buyers protect an off-plan purchase by lodging the contract of sale for specific-performance protection.

    Can buying a Square One property get me residency or citizenship?+

    It can support Permanent Residency, not citizenship. A new primary-market property from €300,000, together with €50,000/year of income from abroad, can qualify for a Cyprus PR application — a residence permit, not a passport. Citizenship-by-investment was abolished in 2020. Note too that Cyprus is in the EU but not yet in full Schengen, so PR does not grant border-free travel.

    What taxes and costs apply to a Square One purchase?+

    Prices are quoted ex-VAT. Standard VAT is 19%; a reduced 5% rate applies only to an owner-occupied first home (first 130 m², caps €350k value / €475k transaction), so a buy-to-let or PR unit pays 19%. Stamp duty is abolished, and there is no inheritance, gift, wealth or annual national property tax. Capital gains tax is 20% on Cyprus property, and non-doms pay 0% on dividends, interest and rent for 17 years. All figures are indicative for 2026 and subject to change — confirm with a Cyprus tax adviser.

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