Foreclosed Lot for Sale in Island Hills Village Resort - Sto Nino, Samal, Davao del Norte (Lot 37 Blk 10)

This lot is a Pag-IBIG Fund foreclosed property in Island Hills Village Resort - Sto Nino, Barangay Santo Niño, Samal, Davao del Norte, offered through negotiated sale. The listing is for Lot 37 Blk 10. It covers 100 sqm of land.

The minimum selling price is set at ₱1,500,000 (roughly ₱15,000 per sqm of lot 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. The offer period was set for Oct 24 to Oct 30, 2026, closing at 11:59 PM Philippine time, with the opening of offers on Nov 3, 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. It is sold as-is, where-is, so visit the lot and set aside money for any unpaid association dues before you offer.

The required gross monthly income for this lot is ₱25,010, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱8,754 a month. Pag-IBIG's Davao City Branch handles the sale.