Author
Demetris Papadopoulos
Co-Founder and CEO, SquareOne
Demetris Papadopoulos is Co-Founder and CEO of SquareOne, where he leads investment strategy and long-term asset performance. He trained as a Development Analyst at Galliard Homes in London, holds a Master's in Real Estate Investment from Bayes Business School, and co-founded MovingDoors, SquareOne's rental-management platform.
- Education
- Master's in Real Estate Investment, Bayes Business School, London
- Experience
- Development Analyst, Galliard Homes, London; co-founder of SquareOne and MovingDoors
- Writes about
- Market outlooks, Investment and returns, The rental market, Buying costs and financing
Articles by Demetris (5)
SquareOne Insider | Vol. 05: October highlights
Welcome to the fifth edition of SquareOne Insider, our monthly round-up of local news, new launches and neighbourhood changes around Limassol.
Property Transfer Fees in Cyprus: Rates, Examples and Exemptions (2026)
In short Transfer fees are paid to the Department of Lands and Surveys when a property is registered in your name. On a resale home they are charged at 3%, 5% and 8% in bands, then halved by the 50% reduction, so most buyers pay between 1.5% and 4% of the value. A €300,000 resale home costs €8,600. New homes bought from a developer with VAT pay no transfer fees.
Cost of Living in Limassol for Families: A 2026 Guide
In short A family of four in Limassol spends around €3,450 a month before rent, according to Numbeo's November 2026 estimate. A three-bedroom apartment adds roughly €2,000 to €2,500 a month. Private school fees run from about €5,000 a year in the early years to €17,500 for the IB Diploma, and full-day nursery averages €606 a month per child.
Rental Income Tax in Cyprus: What Landlords Pay in 2026
In short From 1 January 2026, landlords in Cyprus no longer pay special defence contribution (SDC) on rent. Rental income is taxed at personal income tax rates after a 20% allowance and other deductions, with the first €22,000 of total income tax-free, plus a 2.65% GHS contribution on gross rent. From 1 July 2026, rent must be paid electronically rather than in cash.
The Best Areas to Live in Limassol: A 2026 Neighbourhood Guide
In short The right area in Limassol depends on how you'll use the home. Families tend to look inland, around the schools in Agios Athanasios, the Germasogeia village and Mesa Geitonia. Buyers who want the beach close by pay more in Potamos Germasogeias and Agios Tychonas. Agia Fyla and Zakaki have newer homes at lower asking prices.