Foreclosed Lot for Sale in Our Lady'S Village Subdivision-Virac, Virac, Catanduanes (Lot 28 Blk 27)

This lot is a Pag-IBIG Fund foreclosed property in Our Lady'S Village Subdivision-Virac, Barangay Cavinitan, Virac, Catanduanes, offered through negotiated sale. It sits at Lot 28 Blk 27. The lot measures 60 sqm. The record also shows a floor area of 24 sqm, so there may be a structure on the lot.

The minimum selling price is set at ₱687,500 (roughly ₱11,458 per sqm of lot area). The property went unsold at public auction, so it is offered at a fixed price, first come, first served; the discount of up to 45% depends on the mode of payment and the mode of sale. The published offer window is Oct 17 to Oct 23, 2026, closing at 11:59 PM Philippine time, followed by the opening of offers on Oct 27, 2026 at 9:00 AM.

The lot is occupied, according to Pag-IBIG, so factor in the time and cost of dealing with the occupants. 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 ₱11,463, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱4,012 a month.