Auction condo 111.25 sq m, Patong (No. 125‑1)

This is a condominium unit of 111.25 sq m in Patong, Phuket, offered at an official court-ordered auction. The unit comes with a condominium title and is sold free of mortgage.

The official announcement lists the title holder as the occupant. Vacant possession is not guaranteed, so it is worth planning for this from the start.

The auction is held by the Legal Execution Department of Thailand at its 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 when several people bid. 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 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. 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. The calculator on the page shows the total for your own bidding limit.

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 up to 3 months on request;
• the title is registered at the Land Office, then comes handover and, if needed, eviction through the court officer.

The purchase steps are shown in the "How it works" block on this page.

Foreigners can own a condominium unit within the 49% foreign quota of the building, using funds transferred from abroad. Banks almost never lend for auction purchases, so plan to pay from your own funds.

The risks are real. The former owner may still live in the unit, and eviction goes through the enforcement procedure; our lawyer explains the timing. An inside viewing is often impossible, and the condition at handover is not guaranteed. This suits a buyer who accepts that uncertainty and has their own funds ready.