Auction condo 39.7 sq m, Wichit (No. 69‑1)

This is a condominium unit of 39.7 sq m in Wichit, Phuket province, 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, and the unit is sold free of mortgage.

The official appraisal is THB 1,687,250. The next auction is round 1 of 6, on 2026-11-26, and the starting price of this round is THB 1,687,250. To take part, a bidder security deposit of THB 150,000 is required. The auction takes place at the Legal Execution Department office in Phuket. The final price is set at the auction and can be higher than the starting price if several bidders take part.

How the price is built:

• starting price: THB 1,687,250;
• our support, 10%: THB 168,725;
• lawyer: THB 100,000;
• turnkey estimate: THB 1,955,975.

Our 10% fee is charged on the hammer price, and 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. 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 (an extension of up to 3 months is possible on request), and the title is registered at the Land Office.
7. 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.

Risks. 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 accept an auction where the final price can rise and who are ready for a possible eviction process.