Photos enhanced by AI
Photo from the LED announcement
Auction condo 157.51 sq m, Patong (No. 31‑1)
What it costs
- Auction starting price
- 21,342,605 THB
- Aster of Asia service 10%
- 2,134,261 THB
- Legal service
- 100,000 THB
- Turnkey estimate
- 23,576,866 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 157.51 sq m in Patong, Phuket, offered at an official public auction. The sale is run by the Legal Execution Department office in Phuket.
The unit comes with a condominium unit title and is sold free of mortgage. According to the announcement, the title holder is listed as the occupant, so vacant possession is not guaranteed.
Here is how the auction works. 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, the deposit and our turnkey estimate are shown on this page and updated daily from the official announcement.
The price structure is simple. 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. A calculator on the page 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. If you win, that advance counts towards the lawyer fee.
What our support covers:
- a lawyer checks the title, encumbrances and condominium debts;
- we inspect the building from outside and, if possible, inside;
- we place the security deposit and bid up to your limit;
- after a win we help with the balance payment, title registration 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. After a win, the balance is due within 15 days, and you can ask for an extension of up to 3 months. The purchase steps are shown in the "How it works" block on this page.
A few honest risks. 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. Banks almost never lend for auction purchases, so you need your own funds.
This lot suits buyers who are comfortable with procedural uncertainty, have their own funds and want legal checks and practical support through the auction.
Lot facts
- Size
- 157.51 m²
- Building and area
- Patong, Phuket
- Land title deed (building plot)
- No. 14832,15144
- Occupancy
- Previous owner
- Sale terms
- Free of mortgage
- Deposit
- 2,500,000 THB
- Auction venue and format
- 26 November 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.487/2565, lot ภก 11/2569, sale No. 31-1
Auction rounds
If a lot is not sold, the next auction is held at a reduced price.
| Round | Date | Start, THB | Result |
|---|---|---|---|
| 1/8 | 26/11/2026 | 21,342,605 | Next |
| 2/8 | 17/12/2026 | 19,208,345 | Upcoming |
| 3/8 | 07/01/2027 | 17,074,084 | Upcoming |
| 4/8 | 28/01/2027 | 14,939,823 | Upcoming |
| 5/8 | 18/02/2027 | 14,939,823 | Upcoming |
| 6/8 | 11/03/2027 | 14,939,823 | Upcoming |
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
Turnkey estimate
23,576,866 THB
Auction starting price: 21,342,605 THB
This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.
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