Auction condo 70.2 sq m, Kamala (No. 78‑1)

This is a condominium unit of 70.2 sq m in Kamala, Phuket, offered at an official court-ordered auction run by the Legal Execution Department of Thailand. The title is a condominium unit title, and there is no mortgage on the unit.

The auction. The official appraisal is THB 4,993,326. The next round is round 1 of 6, on 2026-11-26, and the starting price of this round is THB 4,993,326. To take part, a bidder must place a security deposit of THB 250,000. The auction takes place at the Legal Execution Department office in Phuket. The final price is set at the auction, and it can be higher than the starting price if several bidders take part.

Price structure. Here is how the numbers add up: starting price THB 4,993,326 + our support fee of 10% (THB 499,333) + lawyer THB 100,000 = turnkey estimate of THB 5,592,659. Our 10% fee is charged on the hammer price, and government transfer fees are paid separately. If the auction is not won, you pay only the lot check advance of THB 30,000. If you win, that advance counts towards the lawyer fee.

How it works for a foreign buyer.

1. You choose the lot and send a request.
2. Our lawyer checks the title, encumbrances and condominium debts. We inspect the building from outside and, if possible, inside.
3. You sign the service agreement and power of attorney, and funds are transferred from abroad with a Foreign Exchange Transaction form.
4. We place the security deposit on auction day.
5. We bid up to your limit.
6. After a win, the balance is paid within 15 days (an extension of up to 3 months is possible on request), and the title is registered at the Land Office.
7. Handover follows, with eviction through the court officer if needed, then renovation, rental or resale with us.

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.

Risks and who this suits. The announcement lists the title holder as the occupant, so vacant possession is not guaranteed. Eviction 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 lot suits a buyer who is comfortable with an auction where the final price can rise, who uses their own funds, and who accepts a legal process before taking possession.