Auction condo 35.2 sq m, Mai Khao (No. 15‑1)

This is a condominium unit of 35.2 sq m in Mai Khao, Phuket, offered at an official court-ordered auction. The unit comes with a condominium unit title and is sold free of encumbrances.

The announcement lists the title holder as the occupant, so vacant possession is not guaranteed. Please keep this in mind when you plan the purchase.

The auction is held by the Legal Execution Department office in Phuket. The department publishes an official appraisal and a schedule of auction 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 if several bidders take part. The current round, its date, the starting price and our turnkey estimate are shown in separate blocks on this page and are updated every day from the official announcement.

The turnkey estimate is the starting price of the current round, plus our support fee, which is a share of the hammer price, plus a fixed lawyer fee. The page calculates it for you, and a calculator shows the total for your own bidding limit. Government transfer fees are paid separately. If you do not win, you pay only a lot check advance. After a win, that advance counts towards the lawyer fee.

Here is what our support covers for a foreign buyer:

• a lawyer checks the title, encumbrances and condominium debts;
• we inspect the building outside and, if possible, inside;
• we place the security deposit and bid up to your limit;
• after a win, the balance is paid within 15 days, with an extension of up to 3 months on request;
• we support registration at the Land Office, the 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. Banks almost never lend for auction purchases, so plan to pay with your own funds. The purchase steps are shown on this page in the block «How it works».

The risks are real. The former owner may still live in the unit, and eviction goes through the enforcement procedure, with timing explained by our lawyer. An inside viewing is often impossible, and the condition at handover is not guaranteed.

This lot suits a buyer who is comfortable with the auction procedure, has own funds ready and accepts some uncertainty about handover timing and condition.