Foreclosed Single Detached House and Lot for Sale in Sands Subdivision 4, Lamitan City, Basilan (Lot 2 Blk 1)

This foreclosed single-detached house and lot is in Sands Subdivision 4, Barangay Maligaya, Lamitan City, Basilan, and Pag-IBIG Fund is offering it through negotiated sale. The listing is for Lot 2 Blk 1. The record shows a floor area of 124 sqm on a 136-sqm lot.

The minimum selling price is ₱1,782,500, about ₱14,375 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.

Its occupancy status is "occupied/closed", so plan for possible occupants, who are the buyer's responsibility. 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 house and set aside money for repairs and any unpaid association dues before you offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱29,721, according to Pag-IBIG, because the amortization of about ₱10,402 a month may not exceed 35% of income.