Speedwell launches apartment sales for PALTIM, its newest mixed-use project in Timisoara

Speedwell launches sales for the first residential building of the PALTIM project, offering 123 apartments out of a total of 236. PALTIM is a mixed-use ensemble featuring residential, office and retail components.

Located in Timisoara, PALTIM introduces a new work and live concept, by combining premium apartments, office and retail spaces, as well as two historical buildings that are going to be refurbished.

Developed on the old premises of the hat factory with the same name, PALTIM is an urban regeneration project that will give back the city’s residents an important historical spot. In close vicinity to one of the biggest parks of Timisoara, Central Park, and within walking distance from the city centre, PALTIM offers easy access to many points of interests in the city and outside of it.

PALTIM will be built with sustainability in mind, aiming to obtain the BREEAM Excellent rating for the office component, and respecting the nZEB standards, by using superior quality materials for thermal insulation, as well as renewable energy systems.

Phase 1 of the project will include a residential building with a height regime of P+6+7R and 123 apartments, from studios, to 2, 3, and 4-room apartments. The residential units are estimated to be delivered in March of 2024.