About Square One

Square One is a Limassol-based residential developer founded in 2021. In under five years the company has achieved over €150M in sales, grown to 35 people and currently has 10+ active schemes across Cyprus. The group is vertically integrating across design, procurement, construction and operations, and its sister company MovingDoors operates 500+ serviced apartments in Cyprus and Dubai at c. 97% occupancy.

Athens is the group's first international development market. This is a founding role.

The Mandate

Build Square One Athens from a standing start into a self-sustaining regional development business, and own its P&L. This is an owner-operator role with real equity participation — not a corporate country-manager position. The successful candidate will source the first deals personally, hire the team behind them, and carry the commercial result.

Key Responsibilities

Phase 1 — Establish (Months 0-6)

Set up the Athens office: entity, premises, banking, systems and the professional network (lawyers, notaries, civil engineers, architects, surveyors, contractors)
Build the acquisition pipeline: source, screen and negotiate land and antiparochi opportunities in target Attica submarkets
Underwrite every opportunity in Square One's development appraisal format and present to the group investment committee
Close the first one to two acquisitions
Map the local cost base, contractor market, permitting timelines and sales comparables, and feed these into the group modelling standards

Phase 2 — Scale (Months 6-24)

Recruit, onboard and lead a Sales & Business Development Manager
Build out the wider local team across acquisitions, project management and sales
Drive the first schemes through permitting and onto site, working with the group technical function
Establish sales channels: direct, brokerage, international investor networks and Golden Visa intermediaries
Deliver against agreed GDV, unit volume, margin and cash targets

Ongoing

P&L ownership — revenue, gross margin, overhead, cash flow and returns for the Athens business
Capital — work with the group on debt financing, JV equity and investor relations for Athens schemes
Governance — permitting, tax, employment and regulatory compliance in Greece
Brand — represent Square One in the Athens market with landowners, agents, banks, investors and buyers

What Success Looks Like

By month 12: office established and operating; two acquisitions closed and underwritten to group standard; Sales & BD Manager hired and productive; first scheme through permitting or in advanced application.

By month 24: a live pipeline of three to five schemes; first units sold; Athens P&L covering its own overhead; a functioning local team and a repeatable sourcing engine.

Requirements

Essential

8-12+ years in Greek residential development, real estate investment or construction, with direct P&L or project-level financial accountability
An active land and antiparochi sourcing network in Attica. This is the single most important criterion — deal flow is the job
Fluent in development appraisal and financial modelling; comfortable being challenged line by line on assumptions
Demonstrable track record taking residential schemes from acquisition through permitting, construction and sale
Working command of the Greek planning, construction and tax framework
Native or fluent Greek plus business-level English

Desirable

Experience launching an office, business unit or new market from zero
Existing relationships with Greek banks and alternative lenders
Exposure to Golden Visa and international buyer channels
Track record hiring and managing sales teams

Personal

Owner mentality. Comfortable with ambiguity and with building process where none exists. High integrity — the group's reputation in a new market rests on this person. Hands-on rather than delegation-first in the early phase.

Benefits

Base salary to be discussed based on candidate experience (senior position)
Annual discretionary bonus tied to agreed milestones
Profit share: 10% participation in the net profit of the Athens business, alongside the group's equity return
Co-investment: the GM is expected to invest personally into the Athens vehicle on the same terms as group equity.
Vesting: profit share subject to vesting, with good-leaver / bad-leaver provisions
Corporate benefits
Relocation support available if required

All terms indicative and subject to definitive legal documentation.

Square One

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