KAI, Katholiki, Limassol

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.

Katholiki is a central quarter of Limassol's old town (Lemesos), named after the historic Panagia Katholiki church and woven into the walkable heritage core just inland from the medieval castle, the Old Port and the Molos seafront promenade. It shares the character of the wider Historical Centre — stone townhouses, boutique new-build blocks and a dense street grid around Anexartisias and Agiou Andreou — while sitting a short walk from the Cyprus University of Technology (TEPAK) campus, central offices, shops and nightlife. That mix gives it year-round rental depth from students, professionals, digital nomads and short-stay visitors rather than a single summer season. For overseas buyers the framework is straightforward: any nationality can own freehold property in Cyprus, with title held at the Land Registry (Department of Lands & Surveys) and the sale contract lodged for specific-performance protection; non-EU buyers obtain routine Council of Ministers approval (typically 2–3 months). A qualifying new primary-market purchase from EUR 300,000 (plus EUR 50,000/yr income from abroad) opens EU permanent residency — a residence permit, not citizenship. Prices are quoted in euros, English is widely spoken, and English common law underpins conveyancing.