ZOIA, Kato Polemidia, 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.

Kato Polemidia is one of Limassol's fastest-growing suburban districts, a compact municipality of about 22,000 residents on the north-western edge of the city, roughly 5 km from the centre and less than a kilometre from the A1 motorway. Long known as a residential and light-industrial area — and home to Limassol General Hospital and the Spyros Kyprianou Athletic Center, the largest indoor arena in Cyprus — it is now reinventing itself around an education and innovation corridor: the Cyprus University of Technology is investing over €125 million in expansion nearby, including a €56 million student residence with 500+ rooms, alongside new private schools and a 52,000 m² green park. That pipeline, paired with entry prices well below the seafront, has made Kato Polemidia the highest-yielding apartment district in Limassol — gross returns around 7%. 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 contract lodgment giving 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.