Foreclosed Condo Unit for Sale in Bayanihan Flats Mactan, Lapu-Lapu City, Cebu (Unit 2307)

This foreclosed condominium unit is in Bayanihan Flats Mactan, Barangay Maribago, Lapu-Lapu City, Cebu, and Pag-IBIG Fund is offering it through negotiated sale. It is Unit 2307, on the 3rd floor. The unit measures 18.62 sqm.

The minimum selling price is ₱2,137,600, about ₱114,801 per sqm of floor area. Negotiated sale is for properties that went unsold at public auction: they are sold at a fixed price, first come, first served, with a discount of up to 45% depending on the mode of payment and the mode of sale. Offers were scheduled from Oct 24 until 11:59 PM on Oct 30, 2026 (Philippine time); the opening of offers was set for Nov 3, 2026 at 9:00 AM.

The record marks the unit as occupied; any occupants are for the buyer to deal with. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. It is sold as-is, where-is, so visit the unit and set aside money for repairs and any unpaid condominium dues before you offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱35,641, according to Pag-IBIG, because the amortization of about ₱12,474 a month may not exceed 35% of income. Pag-IBIG's Cebu Housing Hub handles the sale.