Photos enhanced by AI
Photo from the LED announcement
Auction condo 29.05 sq m, Wichit (No. 101‑1)
What it costs
- Auction starting price
- 1,141,229 THB
- Aster of Asia service 10%
- 114,123 THB
- Legal service
- 100,000 THB
- Turnkey estimate
- 1,355,352 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 listing is a condominium unit of 29.05 sq m in Wichit, Phuket, sold at an official court-ordered auction. The unit has a condominium unit title and is sold free of mortgage. The announcement lists the title holder as the occupant, so vacant possession is not guaranteed.
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 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 when several bidders take part. The current round, its date, the starting price and our turnkey estimate are shown on this page and updated daily from the official announcement.
The turnkey estimate is built from three parts: the starting price of the current round, our support fee, which is a share of the hammer price, and a fixed lawyer fee. Government transfer fees are paid separately. If the auction is not won, you pay only a lot check advance, and after a win this advance counts towards the lawyer fee. The calculator on the page shows the total for your own bidding limit.
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 use your own funds. Our support covers:
- a lawyer's check of the title, encumbrances and condominium debts;
- an inspection of the building outside and, if possible, inside;
- placing the security deposit and bidding up to your limit;
- paying the balance within 15 days after a win, with an extension of up to 3 months on request;
- registration at the Land Office, handover and, if needed, eviction through the court officer.
The purchase steps one by one are shown in the "How it works" block on this page.
There are real risks to weigh. The former owner may still live in the unit, and then 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 offer suits a buyer who accepts official auction rules, understands these risks and has own funds ready for the purchase.
Lot facts
- Size
- 29.05 m²
- Building and area
- Central Festival, Phuket
- Land title deed (building plot)
- No. 96810
- Occupancy
- Previous owner
- Sale terms
- Free of mortgage
- Deposit
- 150,000 THB
- Auction venue and format
- 12 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 ผบ.4624/2561, lot ภก 9/2569, sale No. 101-1
Auction rounds
If a lot is not sold, the next auction is held at a reduced price.
| Round | Date | Start, THB | Result |
|---|---|---|---|
| 1/8 | 10/09/2026 | 1,268,033 | No bidders |
| 2/8 | 01/10/2026 | 1,141,230 | Withdrawn |
| 3/8 | 22/10/2026 | 1,141,230 | Withdrawn |
| 4/8 | 12/11/2026 | 1,141,229 | Next |
| 5/8 | 03/12/2026 | 1,014,426 | Upcoming |
| 6/8 | 24/12/2026 | 887,623 | 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
1,355,352 THB
Auction starting price: 1,141,229 THB
This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.
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