Auction condo 177 sq m, Patong (No. 50‑1)

This is a condominium unit of 177 sq m in Patong, Phuket, sold at an official public auction run by the Legal Execution Department office in Phuket. The unit carries a condominium unit title and is sold free of encumbrances.

Here is how this kind of auction works. The department publishes an official appraisal and a schedule of auction rounds. If a round ends with no 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, so it can end up 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 on this page and updated daily from the official announcement.

The price is built from a few parts. Our turnkey estimate equals 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 this for you, and a calculator shows the total for your own bidding limit. Government transfer fees are paid separately. If you do not win the auction, you pay only a lot check advance. If you win, that advance counts towards the lawyer fee.

Our support covers the following:

• 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, the balance is paid within 15 days, with an extension of up to 3 months on request;
• the title is registered at the Land Office, followed by handover and, if needed, eviction through the court officer.

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

Please read the risks carefully. The announcement lists the title holder as the occupant, so vacant possession is not guaranteed. Eviction, if needed, 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 offer suits a buyer who accepts the limits of an auction, understands that the final price is decided on the day, and wants a lawyer-checked process with support from the bid to the handover.