Foreclosed Condo Unit for Sale in Mivesa Garden Residences, Cebu City, Cebu (Unit 625)

This foreclosed condominium unit is in Mivesa Garden Residences, Barangay Lahug, Cebu City, Cebu, and Pag-IBIG Fund is offering it through the 1st public auction. It is Unit 625, on the 6th floor. The unit measures 20 sqm.

The minimum bid price is set at ₱2,007,700 (roughly ₱100,385 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 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.

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. 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 ₱33,475, according to Pag-IBIG, because the amortization of about ₱11,716 a month may not exceed 35% of income. The handling office is Pag-IBIG's Cebu Housing Hub.