Auctions & Sales
Private Auction
Short Definition
Auction limited to invited bidders only, common in luxury properties, preserving sellers' and buyers' privacy.
In Other Languages
Arabic
المزاد الخاص
مزاد محدود بمزايدين مدعوين فقط، شائع في العقارات الفاخرة، يحفظ خصوصية البائعين والمشترين.
English
Private Auction
Auction limited to invited bidders only, common in luxury properties, preserving sellers' and buyers' privacy.
Turkish
Özel Müzayede
Sadece davet edilen teklif verenlerle sınırlı müzayede; lüks mülklerde yaygın, satıcıların ve alıcıların gizliliğini korur.
Related Terms
Public Auction
Auction open to all interested, transparent and public, ensuring fair price and equal opportunity, most common in real estate auctions.
Luxury Property
High-end property with high specifications, prime location, and luxurious facilities, limited target segment, high prices and strong returns.