Foreclosed condos sold by Thai banks and the Legal Execution Department can go well below market. At a court auction, the starting price drops to 70% of the appraised value once three rounds pass with no bidder.
If you’re looking to buy a used condo or other property, there’s a way to land a deal that’s 30% cheaper than market price. You can search for it online, take a look yourself, and buy it without much fuss.
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