Phuket property auctions for foreigners

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.

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.

Upcoming auctions

How it works

  1. 1

    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.

  2. 2

    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.

  3. 3

    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.

  4. 4

    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.

  5. 5

    We bid. Our representative takes part in the auction and raises the price only up to your limit. You do not need to attend.

  6. 6

    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.

  7. 7

    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.

How it works in detail: timeline, turnkey price and risks

Lot information is taken from public notices of the Legal Execution Department and may change before the auction day. This page is not a public offer. Aster of Asia is not affiliated with the Legal Execution Department.