Auction condo 112.24 sq m, Patong (No. 41‑1)

AuctionBidding on 24 December 2026, round 1 of 8

Thailand / PhuketCondominium

What it costs

Auction starting price: 10,451,789 THB
Aster of Asia service 10%: 1,045,179 THB
Legal service: 100,000 THB
Turnkey estimate: 11,596,968 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 112.24 sq m in Patong, Phuket, sold at an official public auction held by the Legal Execution Department office in Phuket.

The unit has a condominium unit title and is sold free of mortgage. According to the official announcement, the title holder is listed as the occupant, so vacant possession is not guaranteed.

How the auction works. The department publishes an official appraisal and a schedule of auction rounds. If a round passes without bidders, the next round 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 in separate blocks on this page and are updated every day from the official announcement.

Price structure. 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, 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 it counts towards the lawyer fee.

What our support covers:

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 we handle 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 paid within 15 days, with an extension of up to 3 months on request. Banks almost never lend for auction purchases, so plan to use your own funds. The purchase steps are shown in the "How it works" block on this page.

Honest risks. The former owner may still live in the unit, and eviction then 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 lot suits a buyer who is comfortable with the auction format, has their own funds and accepts some uncertainty about handover timing.

Lot facts

Size: 112.24 m²
Building and area: Patong, Phuket
Land title deed (building plot): No. 14832,15144
Occupancy: Previous owner
Sale terms: Free of mortgage
Deposit: 1,000,000 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 ผบ.137/2565, lot ภก 12/2569, sale No. 41-1

Auction rounds

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

Round	Date	Start, THB	Result
1/8	24/12/2026	10,451,789	Next
2/8	14/01/2027	9,406,610	Upcoming
3/8	04/02/2027	8,361,431	Upcoming
4/8	25/02/2027	7,316,252	Upcoming
5/8	18/03/2027	7,316,252	Upcoming
6/8	08/04/2027	7,316,252	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.