Foreclosed Condo Unit for Sale in Pacific Grande Residences, Lapu-Lapu City, Cebu (Unit 207)

This condominium unit is a Pag-IBIG Fund foreclosed property in Pacific Grande Residences, Barangay Basak, Lapu-Lapu City, Cebu, offered through the 2nd public auction. The record lists it as Unit 207 on the 2nd floor. Its floor area is 25 sqm.

At ₱1,961,190, the minimum bid price works out to about ₱78,448 per sqm of floor area. It reached the 2nd public auction after the 1st auction ended without a winning bid. Bidding is sealed again, and Pag-IBIG labels this stage "up to 30% discount", depending on the mode of payment. The published offer window is Oct 19 to Oct 23, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on Oct 28, 2026 at 9:00 AM.

It is listed as occupied, and dealing with any occupants is the buyer's responsibility. 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.

Pag-IBIG puts the required gross monthly income at ₱32,700 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱11,445. A bigger down payment, or paying in cash, lowers that requirement. The handling office is Pag-IBIG's Cebu Housing Hub.