Foreclosed Lot for Sale in Island Hills Village Resort - Sto Nino, Samal, Davao del Norte (Lot 1 Blk 9)

This foreclosed lot is in Island Hills Village Resort - Sto Nino, Barangay Santo Niño, Samal, Davao del Norte, and Pag-IBIG Fund is offering it through negotiated sale. The listing is for Lot 1 Blk 9. It covers 183 sqm of land.

At ₱2,745,000, the minimum selling price works out to about ₱15,000 per sqm of lot 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. 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 any unpaid association dues to the buyer, so inspect the lot before making an offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱45,769, according to Pag-IBIG, because the amortization of about ₱16,019 a month may not exceed 35% of income. A bigger down payment, or paying in cash, lowers that requirement. Pag-IBIG's Davao City Branch is the handling office.