The Collection, Historical Centre, 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.

The Historical Centre is the old town of Limassol (Lemesos), the walkable heritage core wrapped around the medieval castle, the Lanitis Carob Mill complex and the Old Port, a short stroll from the Limassol Marina and the Molos seafront promenade. It is the city's most atmospheric quarter and its densest concentration of listed buildings — a protected conservation zone of stone townhouses, boutique blocks and new hotel-style residences threaded through streets like Anexartisias, Agiou Andreou, Gladstonos and Saripolou. Crucially for investors, the main campus of the Cyprus University of Technology (CUT/TEPAK) sits inside this district, occupying dozens of city-centre buildings, so student, faculty, professional and digital-nomad demand keeps rentals moving year-round rather than by 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.