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Turkey’s SGK to Auction Homes, Land and Shops

Turkey’s SGK to Auction Homes, Land and Shops

From Cumhuriyet · () Turkish

Translated from Turkish and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • Turkey’s Social Security Institution will auction land, shops and homes through its Electronic Sales Portal from Sept. 21 to 25, 2026.
  • Applicants must provide an accepted cash deposit or an irrevocable guarantee letter before the application deadline.
  • Applications will be submitted through e-Government, and successful bidders must pay the auction price in full to SGK accounts.

Turkey’s Social Security Institution, SGK, is putting a large number of state-owned properties on the market, including land, shops and homes.

The properties will be sold by electronic auction through SGK’s Electronic Sales Portal under regulations governing online sales. The auctions are scheduled for Sept. 21-25, 2026.

People seeking to participate must pay a deposit set for the property they want to buy. Cash deposits must go to authorized banks. Those using a guarantee letter must deliver it to a provincial SGK directorate or SGK’s Construction and Real Estate Department before the application deadline ends.

SGK will accept Turkish currency in circulation and irrevocable guarantee letters issued by institutions covered by the Banking Law. No other forms of security will be accepted.

Applicants can access the portal through e-Government and apply via the “Real Estate Sales Auctions” section under “Auctions” on SGK’s website. Applications will close at the end of the stated period. Anyone legally barred from public tenders cannot participate. If such a person is found to have entered the auction, SGK said the sale will be canceled and a criminal complaint will be filed. The winning bid must be paid in advance into SGK accounts.

About this summary

Originally published by Cumhuriyet in Turkish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.