Square One has announced the acquisition of the former ESEL Shopping Mall on Anexartissias Street – a landmark in Limassol’s historic old town.
“This strategic acquisition marks a major milestone in our mission to breathe new life into the city centre and reimagine the beating heart of Limassol,” said Demetris Papadopoulos, Co-Founder of Square One. “What was once a beloved retail destination will soon be transformed into a vibrant new development — a hub of urban living and hospitality right in the centre of the city.”
According to Papadopoulos, the project will feature 96 state-of-the-art serviced apartments complemented by premium amenities including a rooftop bar with panoramic city views, a swimming pool, gym, and sauna — creating an unmatched lifestyle experience for residents and visitors alike.
“This is more than just a development. It’s a statement of intent — to revive, revitalise, and reimagine the old town of Limassol into a thriving urban destination once again,” he concluded in a LinkedIn post.
