Foreclosed Lot for Sale in Napoville Subdivision, Polangui, Albay (Lot 23 Blk 6)

This lot is a Pag-IBIG Fund foreclosed property in Napoville Subdivision, Barangay Napo, Polangui, Albay, offered through the 2nd public auction. It sits at Lot 23 Blk 6. The lot measures 121 sqm.

The minimum bid price is set at ₱936,540 (roughly ₱7,740 per sqm of lot area). It reached the 2nd public auction after the 1st auction ended without a winning bid. Bidding is sealed again, and Pag-IBIG labels this stage "up to 30% discount", depending on the mode of payment. Offers go through Pag-IBIG Fund's Online Public Auction portal, which requires a free Buyer ID. Offers were scheduled from Oct 12 until 11:59 PM on Oct 16, 2026 (Philippine time); the bid opening was set for Oct 21, 2026 at 9:00 AM.

The record marks the lot as unoccupied. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. Like all Pag-IBIG acquired assets, it is sold as-is, where-is: inspect it first and budget for any unpaid association dues.

Pag-IBIG puts the required gross monthly income at ₱15,615 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱5,465. A bigger down payment, or paying in cash, lowers that requirement. Pag-IBIG's Naga Housing Business Center handles the sale.