Foreclosed Condo Unit for Sale in Bayanihan Flats Mactan, Lapu-Lapu City, Cebu (Unit 5215-A)

This condominium unit is a Pag-IBIG Fund foreclosed property in Bayanihan Flats Mactan, Barangay Pajac, Lapu-Lapu City, Cebu, offered through negotiated sale. The listing is for Unit 5215-A on the 2nd floor. It has a floor area of 37.24 sqm.

At ₱4,275,200, the minimum selling price works out to about ₱114,801 per sqm of floor area. The property went unsold at public auction, so it is offered at a fixed price, first come, first served; the discount of up to 45% depends on the mode of payment and the mode of sale. The offer period was set for Oct 24 to Oct 30, 2026, closing at 11:59 PM Philippine time, with the opening of offers on Nov 3, 2026 at 9:00 AM.

The record marks the unit as unoccupied. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. The sale is as-is, where-is, which leaves repairs and any unpaid condominium dues to the buyer, so inspect the unit before making an offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱71,283, according to Pag-IBIG, because the amortization of about ₱24,949 a month may not exceed 35% of income. Pag-IBIG's Cebu Housing Hub is the handling office.