Auction condo 32.97 sq m, Wichit (No. 6‑1)

AuctionBidding on 29 October 2026, round 4 of 8

Thailand / PhuketCondominium

What it costs

Auction starting price: 2,081,726 THB
Aster of Asia service 10%: 208,173 THB
Legal service: 100,000 THB
Turnkey estimate: 2,389,899 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.

Your bidding limit2,081,726 THB

Turnkey total at your limit2,389,899 THB

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 32.97 sq m in Wichit subdistrict, Phuket, in our Central Festival catalogue area. It is sold at an official court-ordered auction run by the Legal Execution Department of Thailand. The title is a condominium unit title, sold free of mortgage. The announcement lists the title holder as the occupant, so vacant possession is not guaranteed.

The auction. The official appraisal is THB 2,973,894. The next round is round 4 of 6, on 2026-10-29, with a starting price of THB 2,081,726. The three earlier rounds had no bidders. A security deposit of THB 150,000 is required and is placed at the Legal Execution Department office in Phuket. The final price is set at the auction, so it can be higher than the starting price if several bidders take part.

Price structure.

Starting price: THB 2,081,726
Our support, 10%: THB 208,173 (charged on the hammer price)
Lawyer: THB 100,000
Turnkey estimate: THB 2,389,899

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, it counts towards the lawyer fee.

How it works for a foreign buyer. 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. The steps: 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 power of attorney, and transfer funds 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 (extension up to 3 months 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.

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 lot suits buyers who are comfortable with the auction process, accept these risks and can transfer funds from abroad.

Lot facts

Size: 32.97 m²
Building and area: Central Festival, Phuket
Land title deed (building plot): No. 31874,103822
Occupancy: Previous owner
Sale terms: Free of mortgage
Deposit: 150,000 THB
Auction venue and format: In person, starts at 09.00Phuket Provincial Legal Execution Officeจำหน่ายนัดที่ 1-6 ณ สำนักงานบังคับคดีจังหวัดภูเก็ต เลขที่ 63/629-632 หมู่ที่ 4 ถนน วิรัชหงษ์หยก ตำบลวิชิต อำเภอเมืองภูเก็ต จังหวัดภูเก็ต
Case and lot numbers: Case ผบ.333/2564, lot ภก 8/2569, sale No. 6-1

Notice on the auction site

Auction rounds

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

Round	Date	Start, THB	Result
1/8	27/08/2026	2,973,894	No bidders
2/8	17/09/2026	2,676,505	No bidders
3/8	08/10/2026	2,379,115	No bidders
4/8	29/10/2026	2,081,726	Next
5/8	19/11/2026	2,081,726	Upcoming
6/8	09/12/2026	2,081,726	Upcoming

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: buyers for rental or resale who can wait for the handover; those who want a below-market price and accept clear risks in exchange for legal support.

Does not suit: those who need to move in on the deal day; those counting on a Thai bank mortgage; those not ready to place a deposit before the auction.