Foreclosed Lot for Sale in Island Hills Village Resort - Sto Nino, Samal, Davao del Norte (Lot 13 Blk 5)

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 record places it at Lot 13 Blk 5. Its lot area is 150 sqm.

The minimum selling price is set at ₱2,250,000 (roughly ₱15,000 per sqm of lot area). Having gone unsold at public auction, it is sold at a fixed price on a first-come, first-served basis. Pag-IBIG labels this stage "up to 45% discount", depending on the mode of payment and the mode of sale. The published offer window is Oct 24 to Oct 30, 2026, closing at 11:59 PM Philippine time, followed by the opening of offers on Nov 3, 2026 at 9:00 AM.

The record marks the lot 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 ₱37,515, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱13,130 a month. A bigger down payment, or paying in cash, lowers that requirement. Pag-IBIG's Davao City Branch handles the sale.