Foreclosed Condo Unit for Sale in Urban Deca Homes Banilad, Mandaue City, Cebu (Unit 1806)

This foreclosed condominium unit is in Urban Deca Homes Banilad, Barangay Banilad, Mandaue City, Cebu, and Pag-IBIG Fund is offering it through negotiated sale. The record lists it as Unit 1806 on the 18th floor. Its floor area is 30.6 sqm.

The minimum selling price is ₱3,686,500, about ₱120,474 per sqm of floor area. The property went unsold at public auction, so it is offered at a fixed price, first come, first served; the discount of up to 45% depends on the mode of payment and the mode of sale. Offers were scheduled from Oct 24 until 11:59 PM on Oct 30, 2026 (Philippine time); the opening of offers was set for Nov 3, 2026 at 9:00 AM.

It is listed as unoccupied. 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 ₱61,467, according to Pag-IBIG, because the amortization of about ₱21,513 a month may not exceed 35% of income. A bigger down payment, or paying in cash, lowers that requirement. The handling office is Pag-IBIG's Cebu Housing Hub.