Auction condo 37.05 sq m, Mai Khao (No. 10‑2)

AuctionBidding on 26 November 2026, round 1 of 8

Thailand / PhuketCondominium

What it costs

Auction starting price: 3,338,946 THB
Kalinka service 10%: 333,895 THB
Legal service: 100,000 THB
Turnkey estimate: 3,772,841 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 37.05 sq m in Mai Khao, Phuket, Thailand, offered at an official court-ordered auction run by the Legal Execution Department. The unit has a condominium unit title, and there is no mortgage on it.

The auction takes place at the Legal Execution Department office in Phuket. The official appraisal is THB 3,338,946. The next round is round 1 of 6, on 2026-11-26, and the starting price of this round is THB 3,338,946. Every bidder must place a security deposit of THB 250,000. The final price is set at the auction itself, so it can be higher than the starting price if several bidders take part.

What the price looks like:

starting price: THB 3,338,946;
our support, 10%: THB 333,895 (charged on the hammer price);
lawyer: THB 100,000;
turnkey estimate: THB 3,772,841.

Government transfer fees are paid separately. If you do not win the auction, 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:

You choose the lot and send a request.
Our lawyer checks the title, encumbrances and condominium debts. We inspect the building outside and, if possible, inside.
You sign the service agreement and a power of attorney, and transfer funds from abroad with a Foreign Exchange Transaction form.
We place the security deposit on auction day.
We bid up to your limit.
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.
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, using funds transferred from abroad. Banks almost never lend for auction purchases, so plan to pay from your own funds.

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 offer suits buyers who are comfortable with a court procedure, can pay from their own funds and accept these risks.

Lot facts

Size: 37.05 m²
Building and area: Mai Khao, Phuket
Land title deed (building plot): No. 14212
Occupancy: Previous owner
Sale terms: No mortgage
Deposit: 250,000 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 ผบE.1475/2567, lot ภก 11/2569, sale No. 10-2

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	26/11/2026	3,338,946	Next
2/8	17/12/2026	3,005,051	Upcoming
3/8	07/01/2027	2,671,157	Upcoming
4/8	28/01/2027	2,337,262	Upcoming
5/8	18/02/2027	2,337,262	Upcoming
6/8	11/03/2027	2,337,262	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.