Foreclosed Condo Unit for Sale in Bayanihan Flats - Orchard Drive, Cebu City, Cebu (Unit 4108)

This foreclosed condominium unit is in Bayanihan Flats - Orchard Drive, Barangay Binaliw, Cebu City, Cebu, and Pag-IBIG Fund is offering it through the 1st public auction. The record lists it as Unit 4108 on the 1st floor. Its floor area is 18.87 sqm.

The minimum bid price is set at ₱2,086,400 (roughly ₱110,567 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. The offer period was set for Oct 26 to Oct 30, 2026, closing at 11:59 PM Philippine time, with the bid opening on Nov 3, 2026 at 9:00 AM.

It is listed as unoccupied. 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 ₱34,788, according to Pag-IBIG, because the amortization of about ₱12,176 a month may not exceed 35% of income. Paying part of the price in cash or making a bigger down payment lowers the income you need. Pag-IBIG's Cebu Housing Hub is the handling office.