Foreclosed Condo Unit for Sale in Pacific Grande Residences, Lapu-Lapu City, Cebu (Unit 301)

This condominium unit is a Pag-IBIG Fund foreclosed property in Pacific Grande Residences, Barangay Basak, Lapu-Lapu City, Cebu, offered through negotiated sale. The record lists it as Unit 301 on the 3rd floor. Its floor area is 25 sqm.

The minimum selling price is set at ₱2,179,100 (roughly ₱87,164 per sqm of floor area). Negotiated sale is for properties that went unsold at public auction: they are sold at a fixed price, first come, first served, with a discount of up to 45% depending on the mode of payment and the mode of sale. Offers were scheduled from Oct 17 until 11:59 PM on Oct 23, 2026 (Philippine time); the opening of offers was set for Oct 27, 2026 at 9:00 AM.

The unit is occupied, according to Pag-IBIG, so factor in the time and cost of dealing with the occupants. 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.

Pag-IBIG puts the required gross monthly income at ₱36,333 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱12,717. Pag-IBIG's Cebu Housing Hub is the handling office.