Foreclosed Condo Unit for Sale in Bayanihan Flats Mactan, Lapu-Lapu City, Cebu (Unit 4309)

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 4309 on the 3rd floor. It has a floor area of 18.62 sqm.

The minimum bid price is set at ₱2,118,600 (roughly ₱113,781 per sqm of floor area). A 1st public auction listing carries no discount: sealed offers must meet the minimum bid price, and the highest qualified offer wins at the bid opening. Offers were scheduled from Oct 26 until 11:59 PM on Oct 30, 2026 (Philippine time); the bid opening 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. Pag-IBIG's remarks list the title as under consolidation, which means it is not yet in the Fund's name. Like all Pag-IBIG acquired assets, it is sold as-is, where-is: inspect it first and budget for repairs and any unpaid condominium dues.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱35,325, according to Pag-IBIG, because the amortization of about ₱12,364 a month may not exceed 35% of income. The handling office is Pag-IBIG's Cebu Housing Hub.