Square One’s Demetris Papadopoulos: “Our vision is to continue shaping Limassol as a premium real estate hub”

“The future of real estate in Cyprus lies in sustainability, smart technology, and lifestyle-driven developments. Limassol, in particular, will continue to attract international attention due to its mix of business opportunities and Mediterranean charm,” Demetris Papadopoulos, Partner at Square One says.

In a recent interview with CBN, Papadopoulos, among other things, also shared the company’s approach to its projects and clients, explaining why, “At Square One, our clients are at the heart of everything we do.”

SEQUOIA Residences

How did Square One get started and what is the company’s vision and mission within the Cypriot real estate market?

Square One was founded with a clear purpose: to redefine real estate development in Cyprus by merging modern, luxurious living with long-term investment potential. My team and I recognised a growing demand for properties that cater not only to local buyers but to international investors seeking strategic opportunities in Limassol. From the beginning, our mission has been to create spaces that enhance quality of life while offering solid returns. We are committed to building trust through transparency, precision, and excellence in every project we deliver.

Our vision is to continue shaping Limassol as a premium real estate hub, offering projects that reflect both modern design and sustainable value.

OLYMPIA Suites

Can you tell us more about the company’s approach to its projects and clients? How do you tailor your services to particular clients, for example, depending on whether they are local or from overseas, their budget and investing experience and their particular requirements?

At Square One, our clients are at the heart of everything we do. We take a personalised approach, understanding that no two buyers or investors are alike. For local buyers, we focus on lifestyle benefits, whether it’s proximity to schools, vibrant neighbourhoods, or leisure facilities. For international investors, we highlight the investment potential, tax benefits, and long-term capital appreciation Cyprus offers.

Our portfolio caters to a diverse range of needs—from first-time investors to high-net-worth individuals. We guide them through every step, providing tailored investment advice, financing solutions, and property management services. For overseas clients, we ensure a seamless experience by offering virtual tours, legal support, and concierge services to make their property acquisition stress-free.

ALEA Residences

Square One has achieved €60 million in sales over the last two years. With 25 projects in your portfolio so far, what are some standout projects or key milestones Square One has achieved?

One of our standout projects is ALEA Residences, a luxury development that represents the best of contemporary coastal living in Limassol. The attention to detail, high-end finishes, and strategic location made it a huge success with both local and foreign investors.

Another milestone project is Orion Residences, where we introduced a more modern and sustainable design approach, incorporating eco-friendly features. This development attracted many international buyers due to its strategic location near the marina and business district.

Reaching €60 million in sales within just two years is a testament to the trust we’ve built and our ability to deliver projects that resonate with buyers. Another key achievement was expanding into off-plan developments, which allow investors to capitalise on early-stage opportunities.

Orion Residences

You currently have 10 off-plan projects available—what makes these particularly attractive for investors?

Off-plan properties present a unique advantage for investors, offering lower entry prices and greater capital appreciation by the time the project is completed. Investors can customise certain aspects of their property, ensuring it fits their preferences and needs.

Our off-plan projects are located in key growth areas of Limassol, such as Agios Athanasios, Germasogeia, and Zakaki, where property demand is consistently rising. We work with reputable architects and construction teams to guarantee high-quality finishes, which gives investors confidence in the future value of their investment.

Additionally, off-plan projects with Square One are often backed by flexible payment plans, making it easier for investors to manage their capital while the project is being built.

ZOKU Building in Limassol

Further to the above, what are some of the biggest benefits of investing in Cyprus real estate, specifically with Square One?

Cyprus offers an excellent investment environment due to its strategic location, stable economy, and favourable tax system. Investors benefit from low corporate tax rates, no inheritance tax, and potential permanent residency through property investments.

With Square One, investors gain access to exclusive projects that offer high rental yields and long-term appreciation potential. Our properties are located in prime areas like Limassol’s business and leisure districts, making them attractive for both short-term rentals and long-term capital growth. We also offer comprehensive post-sales services, including property management, ensuring that investments remain hassle-free and profitable.

PARK VIEW Residences

Square One has partnered with Moving Doors. How does this partnership enhance the experience for your clients, especially with rental management?

Our partnership with Moving Doors has been a game-changer for investors who want to maximise returns on their properties. Moving Doors specialises in short-term rental management, ensuring that properties are marketed on platforms like Airbnb and Booking.com while providing day-to-day operational management.

This partnership allows our clients to enjoy a steady flow of rental income without the stress of managing tenants, maintenance, or bookings themselves. From check-ins to cleaning, Moving Doors handles everything, giving investors peace of mind and optimised returns.

Flos Urban Suites

What are some other upcoming projects or goals Square One is particularly excited about for the next few years?

We’re particularly excited about the expansion into sustainable and eco-conscious developments. We understand that buyers, especially from international markets, are increasingly interested in green living and energy-efficient properties. Our upcoming projects will integrate solar energy systems, smart home features, and eco-friendly construction materials.

We are also planning several mixed-use developments that combine residential, retail, and leisure spaces, creating dynamic communities that offer convenience and modern living. One of our upcoming projects in Zakaki, near the City of Dreams Mediterranean resort, is set to be a major highlight.

Additionally, we aim to strengthen our partnerships with international real estate firms to expand our buyer base in regions like Israel and the UAE.

91 Gladstones Building

Where do you see Square One in five years, and what’s your vision for the future of real estate in Cyprus?

In five years, I envision Square One as one of the leading real estate development companies in Cyprus, known for innovation, quality, and client-centric services. Our portfolio will include luxury developments, mixed-use projects, and eco-friendly communities. We will also have expanded our reach into international markets, creating a diverse network of investors.

The future of real estate in Cyprus lies in sustainability, smart technology, and lifestyle-driven developments. Limassol, in particular, will continue to attract international attention due to its mix of business opportunities and Mediterranean charm. Square One will be at the forefront of this evolution, delivering properties that meet the needs of modern buyers while contributing to the sustainable growth of the island.