Photo from the LED announcement

Auction condo 29.94 sq m, Kathu (No. 44‑1)

AuctionBidding on 24 December 2026, round 1 of 8
Thailand / PhuketCondominium

What it costs

Auction starting price
1,365,264 THB
Aster of Asia service 10%
136,526 THB
Legal service
100,000 THB
Turnkey estimate
1,601,790 THB

The final price is set at the auction and can be higher than the starting price when several bidders take part. Our 10% fee is calculated from the hammer price. Government transfer fees, unpaid common fees (if any) and renovation are paid separately and are quoted before the deposit.

Available to foreigners

Condominium, freehold within the building quota, funds transferred from abroad with the FET form. We verify the quota before the deposit.

Description

This is a condominium unit of 29.94 sq m in Kathu, Phuket, sold at an official auction run by the Legal Execution Department office in Phuket. The title is a condominium unit title, and the unit is sold free of mortgage.

The auction is public. The department publishes an official appraisal and a schedule of rounds. If a round passes without bidders, the next one starts at a lower price under the department's rules. Every bidder places a security deposit on auction day. The final price is set at the auction and can be higher than the starting price when several bidders take part. The current round, its date, the starting price, the deposit and our turnkey estimate are shown in separate blocks on this page and are updated daily from the official announcement.

The price structure works like this. The turnkey estimate is the starting price of the current round, plus our support fee (a share of the hammer price), plus a fixed lawyer fee. The page calculates it, and a calculator shows the total for your own bidding limit. Government transfer fees are paid separately. If the auction is not won, you pay only a lot check advance; after a win, it counts towards the lawyer fee.

We support foreign buyers from start to finish. Our support covers:

  • a lawyer's check of the title, encumbrances and condominium debts;
  • an inspection of the building from outside and, if possible, inside;
  • placing the security deposit and bidding up to your limit;
  • paying the balance after a win, registering the title at the Land Office, handover and, if needed, eviction through the court officer.

Foreigners can own a condominium unit within the 49% foreign quota of the building, with funds transferred from abroad. The purchase steps are shown one by one in the «How it works» block on this page. Banks almost never lend for auction purchases, so plan to use your own funds.

The risks are worth stating plainly. The announcement lists the title holder as the occupant, so vacant possession is not guaranteed. Eviction goes through the enforcement procedure, and our lawyer explains the timing. An inside viewing is often impossible, and the condition at handover is not guaranteed.

This option suits a buyer who accepts the procedural risks of an auction, uses their own funds and wants legal support through the whole process.

Lot facts

Size
29.94 m²
Building and area
Central Festival, Phuket
Land title deed (building plot)
No. 481
Occupancy
Previous owner
Sale terms
Free of mortgage
Deposit
150,000 THB
Auction venue and format
24 December 2026, 09:00, in personPhuket Provincial Legal Execution Officeจำหน่ายนัดที่ 1-6 ณ สำนักงานบังคับคดีจังหวัดภูเก็ต เลขที่ 63/629-632 หมู่ที่ 4 ถนน วิรัชหงษ์หยก ตำบลวิชิต อำเภอเมืองภูเก็ต จังหวัดภูเก็ต
Case and lot numbers
Case ผบE.2148/2568, lot ภก 12/2569, sale No. 44-1

Auction rounds

If a lot is not sold, the next auction is held at a reduced price.

RoundDateStart, THBResult
1/824/12/20261,365,264Next
2/814/01/20271,228,738Upcoming
3/804/02/20271,092,211Upcoming
4/825/02/2027955,685Upcoming
5/818/03/2027955,685Upcoming
6/808/04/2027955,685Upcoming

How it works

1Choose a lot

The catalogue shows only condominiums a foreigner can register in freehold within the building quota. Send a request with your price limit.

2We check

The lawyer reviews the title deed, encumbrances, unpaid common fees and who occupies the unit. We inspect the property from outside and, when possible, inside. The check costs an advance of 30,000 THB, credited to the legal fee if you buy.

3We prepare

A service agreement, a power of attorney for bidding, and a transfer of funds from abroad with the FET form needed later for registration.

4We place the deposit

On auction day the deposit is paid to the Department; the amount is shown on the lot page. If the bid is not won, the deposit is returned in full.

5We bid

Our representative takes part in the auction and raises the price only up to your limit. You do not need to attend.

6You buy

After winning, the balance is paid within 15 days, extendable to three months on request. Our fee of 10% is calculated from the hammer price. Title registration at the Land Department; government fees are paid separately.

7You get the keys

If the previous owner still lives in the unit, eviction goes through the enforcement officer under the law and the lawyer handles it to the end. Then we help with renovation, rental or resale.

Honest about the risks

  • In most lots the previous owner or a tenant still lives there on auction day. Handover goes through enforcement proceedings, which takes time; the lawyer runs the process.
  • An inside inspection is often impossible before the purchase. The condition at handover is not guaranteed, so we budget for renovation from the start.
  • Lots with a transferable mortgage are not included in the catalogue.
  • The price can rise at the auction. We never bid above your limit, and if the lot goes higher, we find the next one.
  • A foreigner buys a condo only within the 49% building quota and with funds transferred from abroad. We verify the quota before the deposit.

Who it suits

Suits

  • Buys for rental or resale and can wait for the handover
  • Wants a below-market price and accepts clear risks in exchange for legal support

Does not suit

  • Needs to move in on the deal day
  • Counts on a Thai bank mortgage
  • Is not ready to place a deposit before the auction

This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.