Foreclosed Lot for Sale in La Verde Subdivision, Malilipot, Albay (Lot 11 Blk 5)

This lot is a Pag-IBIG Fund foreclosed property in La Verde Subdivision, Barangay San Jose, Malilipot, Albay, offered through the 1st public auction. The listing is for Lot 11 Blk 5. It covers 106 sqm of land.

The minimum bid price is ₱381,600, about ₱3,600 per sqm of lot area. Bidding is sealed. Every offer must meet the minimum bid price, the highest qualified offer wins when the bids are opened, and there is no discount at this stage. The published offer window is Oct 19 to Oct 23, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on Oct 26, 2026 at 9:00 AM.

The record marks the lot as unoccupied. Pag-IBIG's remarks list the title as under consolidation, which means it is not yet in the 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.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱6,363, according to Pag-IBIG, because the amortization of about ₱2,227 a month may not exceed 35% of income. Paying part of the price in cash or making a bigger down payment lowers the income you need. Pag-IBIG's Naga Housing Business Center handles the sale.