Property auctions

Phuket condos from government auctions: below-market prices, with a lawyer and bidding handled for you

We select court auction lots that a foreigner can own outright, check the documents and bid for you up to your limit. You pay for results and clear legal work, nothing else.

Get a lot selection

lots available now: 100; lots available now
starting price: from 430,290 THB; starting price
below appraisal on later rounds: up to 30%; below appraisal on later rounds

What this is

When an owner stops paying a loan or loses a court case, the state sells the apartment through the Legal Execution Department of Thailand. The auctions are open, the price starts at the official appraisal and drops on the next rounds if nobody buys. This is how a condominium can be bought 10-30% below the market. The procedure is public and transparent, but it needs a deposit, strict deadlines and Thai paperwork. That part is on us.

How it works

Choose a lot.
The catalogue shows only condominiums a foreigner can register in freehold within the building quota. Send a request with your price limit.
We 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.
We 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.
We 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.
We bid.
Our representative takes part in the auction and raises the price only up to your limit. You do not need to attend.
You 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.
You 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.

What it costs

Example on a real lot: Auction condo 58.3 sq m, Rawai (No. 74‑1), auction on 22 October 2026.

Auction starting price: 1,469,160 THB
Aster of Asia service 10%: 146,916 THB
Legal service: 100,000 THB
Turnkey estimate: 1,716,076 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.

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

Buyers for rental or resale who can wait for the handover; those who want a below-market price and accept clear risks in exchange for legal support.

Does not suit

Those who need to move in on the deal day; those counting on a Thai bank mortgage; those not ready to place a deposit before the auction.