Foreclosed Lot for Sale in Island Hills Village Resort - Sto Nino, Samal, Davao del Norte (Lot 6 Blk 20)

Through the 1st public auction, Pag-IBIG Fund is selling this foreclosed lot in Island Hills Village Resort - Sto Nino, Barangay Santo Niño, Samal, Davao del Norte. It sits at Lot 6 Blk 20. The lot measures 100 sqm.

The minimum bid price is ₱1,500,000, about ₱15,000 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. The offer period was set for Oct 12 to Oct 16, 2026, closing at 11:59 PM Philippine time, with the bid opening on Oct 22, 2026 at 9:00 AM.

According to Pag-IBIG's record, the lot is unoccupied. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. It is sold as-is, where-is, so visit the lot and set aside money for any unpaid association dues before you offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱25,010, according to Pag-IBIG, because the amortization of about ₱8,754 a month may not exceed 35% of income. Paying in cash or putting more money down reduces the income needed to qualify. Pag-IBIG's Davao City Branch is the handling office.