Auction of Real Estate by Küçükçekmece Execution Office: A 4 Million TL Worth Residence in Istanbul

The Küçükçekmece Execution Office announced the sale of a real estate due to a debt. The 119.50 m2 residence located at Gezgin Sokak, C Blok, Park Apartmanı, No:3, Zemin Kat, D: 4, in the Denizköşkler Mahallesi of Avcılar, Istanbul, was put up for sale for 4,000,000.00 TL. The property is subject to a 1% VAT rate. The conditions and detailed explanations of the sale can be accessed through the esatis.uyap.gov.tr website with the file number 2025/12151 TLMT. The area where the property is located is generally characterized by apartment-style residential buildings. The technical infrastructure works in the region have been completed, and the region has access to city water, electricity, natural gas, telephone, sewerage, and communication services. The sale process will take place between 25/08/2026 - 10:54 and 01/09/2026 - 10:54. The parties involved include the right holders of the usufruct. This sale may affect the real estate market in Istanbul and provide an opportunity for buyers. However, more time may be needed to complete the sale and determine the real value of the property. The decision of the Küçükçekmece Execution Office to sell this property may affect the real estate market in the region and lead to an increase in similar sales. To obtain more information about the outcome of the sale and the future of the real estate market in the region, it may be necessary to wait for the completion of the sale.

Conclusion and Analysis: The sale of the real estate by the Küçükçekmece Execution Office may affect the real estate market in Istanbul. This sale, which may provide an opportunity for buyers, may also affect the future of the real estate market in the region. However, more time may be needed to complete the sale and determine the real value of the property.