Foreclosed Lot for Sale in Island Hills Village Resort - Sto Nino, Samal, Davao del Norte (Lot 14 Blk 7)

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 14 Blk 7. It covers 150 sqm of land.

The minimum selling price is set at ₱2,250,000 (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 published offer window is Oct 10 to Oct 16, 2026, closing at 11:59 PM Philippine time, followed by the opening of offers on Oct 21, 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 ₱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. The handling office is Pag-IBIG's Davao City Branch.