Auction condo 37.35 sq m, Sakhu (No. 108‑2)

This is a condominium unit of 37.35 sq m in Sakhu, Phuket, Thailand, sold at an official court-ordered auction run by the Legal Execution Department of Thailand. In our catalogue it sits in the Nai Yang area. The unit comes with a condominium unit title and is sold free of encumbrances. The auction announcement lists the title holder as the occupant, so vacant possession is not guaranteed.

The official appraisal is THB 2,145,011. The next auction is round 3 of 6, on 2026-10-22, at the Legal Execution Department office in Phuket. The starting price of this round is THB 1,716,008. The two earlier rounds had no bidders. To take part, a bidder security deposit of THB 150,000 is required. The final price is set at the auction itself, and it can be higher than the starting price if several bidders take part.

What you pay (our estimate):

• starting price: THB 1,716,008;
• our support, 10%: THB 171,601 (charged on the hammer price);
• lawyer: THB 100,000;
• turnkey estimate: THB 1,987,609.

Government transfer fees are paid separately. If the auction is not won, you pay only the lot check advance of THB 30,000. After a win, this 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, and we inspect the building from outside and, if possible, inside; 3) you sign a 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.

Honest risks: 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 lot suits buyers who accept an open final price at auction and are ready for legal steps after a win.