Foreclosed Lot for Sale in La Verde Subdivision, Malilipot, Albay (Lot 10 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. It sits at Lot 10 Blk 5. The lot measures 130 sqm.

At ₱468,000, the minimum bid price works out to about ₱3,600 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 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.

It is listed as 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 ₱7,803, according to Pag-IBIG, because the amortization of about ₱2,731 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 is the handling office.