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Photo from the LED announcement

Auction condo 39.05 sq m, Rawai (No. 57‑1)

AuctionBidding on 19 November 2026, round 5 of 8
Thailand / PhuketCondominium

What it costs

Auction starting price
4,650,855 THB
Aster of Asia service 10%
465,086 THB
Legal service
100,000 THB
Turnkey estimate
5,215,941 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 is a condominium unit of 39.05 sq m in Rawai, Phuket, sold at an official auction held by the Legal Execution Department office in Phuket. The title is a condominium unit title, and the unit is sold free of mortgage.

The auction is public and follows fixed rules. 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 if 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 structure is simple. The turnkey estimate is the starting price of the current round, plus our support fee, which is a share of the hammer price, plus a fixed lawyer fee. Government transfer fees are paid separately. If you do not win, you pay only a lot check advance. If you win, that advance counts towards the lawyer fee. A calculator on this page shows the total for your own bidding limit.

We support foreign buyers from start to finish. 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 pay with your own money. The purchase steps are shown in the separate block «How it works».

Our support covers:

  • a lawyer checks the title, encumbrances and condominium debts;
  • we inspect the building 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;
  • after the title is registered at the Land Office, we arrange handover and, if needed, eviction through the court officer.

There are honest risks. The announcement lists the title holder as 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 option suits a buyer who understands how auctions work, allows time for registration and a possible eviction, and has own funds to send from abroad.

Lot facts

Size
39.05 m²
Building and area
Rawai, Phuket
Land title deed (building plot)
No. 113572
Occupancy
Previous owner
Sale terms
Free of mortgage
Deposit
250,000 THB
Auction venue and format
19 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 พ.868/2567, lot ภก 8/2569, sale No. 57-1

Auction rounds

If a lot is not sold, the next auction is held at a reduced price.

RoundDateStart, THBResult
1/827/08/20264,650,855Postponed
2/817/09/20264,650,855Postponed
3/808/10/20264,650,855Postponed
4/829/10/20264,650,855Postponed
5/819/11/20264,650,855Next
6/809/12/20264,185,770Upcoming

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

This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.