Foreclosed Condo Unit for Sale in Bayanihan Flats Mactan, Lapu-Lapu City, Cebu (Unit 5217-A)

This foreclosed condominium unit is in Bayanihan Flats Mactan, Barangay Maribago, Lapu-Lapu City, Cebu, and Pag-IBIG Fund is offering it through the 1st public auction. The listing is for Unit 5217-A on the 2nd floor. It has a floor area of 37.24 sqm.

The minimum bid price is ₱4,237,300, about ₱113,784 per sqm of floor area. Bidding is sealed. Every offer must meet the minimum bid price, the highest qualified offer wins when the bids are opened, and there is no discount at this stage. The published offer window is Oct 26 to Oct 30, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on Nov 3, 2026 at 9:00 AM.

It is listed as occupied, and dealing with any occupants is the buyer's responsibility. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. 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 ₱70,651, according to Pag-IBIG, because the amortization of about ₱24,728 a month may not exceed 35% of income. Pag-IBIG's Cebu Housing Hub is the handling office.