Foreclosed Lot for Sale in Imperial Ridgeview Subdivision, Sorsogon City, Sorsogon (Lot 1 Blk 61)

This foreclosed lot is in Imperial Ridgeview Subdivision, Barangay Pangpang, Sorsogon City, Sorsogon, and Pag-IBIG Fund is offering it through the 1st public auction. The record places it at Lot 1 Blk 61. Its lot area is 202 sqm.

The minimum bid price is ₱1,676,600, about ₱8,300 per sqm of lot area. In the 1st public auction, sealed offers must meet the minimum bid price, and the highest qualified offer wins when the bids are opened. There is no discount at this stage. Offers were scheduled from Oct 19 until 11:59 PM on Oct 23, 2026 (Philippine time); the bid opening was set for Oct 26, 2026 at 9:00 AM.

It is listed as unoccupied. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. The sale is as-is, where-is, which leaves any unpaid association dues to the buyer, so inspect the lot before making an offer.

Pag-IBIG puts the required gross monthly income at ₱27,955 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱9,784. Paying part of the price in cash or making a bigger down payment lowers the income you need. Pag-IBIG's Naga Housing Business Center is the handling office.