Auction condo 33.55 sq m, Rawai (No. 53‑5)

This listing is a condominium unit of 33.55 sq m in Rawai, Phuket, Thailand, sold at an official court-ordered auction run by the Legal Execution Department of Thailand. The unit has a condominium unit title and is sold free of mortgage. According to the official announcement, the title holder is listed as the occupant, so vacant possession is not guaranteed.

The auction. The official appraisal is THB 4,204,486. The next auction is round 2 of 6, on 2026-11-05, with a starting price of THB 3,784,037. One earlier round passed without bidders. 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 itself, and it can be higher than the starting price if several bidders take part.

What it costs. Here is the price structure, based on the starting price:

• starting price: THB 3,784,037;
• our support, 10%: THB 378,404 (the fee is charged on the hammer price);
• lawyer: THB 100,000;
• turnkey estimate: THB 4,262,441.

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, this advance counts towards the lawyer fee.

How it works for a foreign buyer. The steps are: 1) you choose the lot and send a request; 2) our lawyer checks the title, encumbrances and condominium debts, and we inspect the building outside and, if possible, inside; 3) you sign the service agreement and a 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, 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, so plan to pay with your own funds.

Risks and who this suits. The former owner may still live in the unit. 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 offer suits buyers who are comfortable with the auction format, have their own funds ready, and accept the legal steps that follow a win.