Foreclosed Lot for Sale in Sorsogon City, Sorsogon (Lot 1-B)

Through negotiated sale, Pag-IBIG Fund is selling this foreclosed lot in Barangay Macabog, Sorsogon City, Sorsogon. The record lists it as a non-subdivision property. It sits at Lot 1-B. The lot measures 431 sqm.

The minimum selling price is ₱1,594,700, about ₱3,700 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. Offers are submitted online on Pag-IBIG Fund's Online Public Auction portal with a free Buyer ID. Offers were scheduled from Oct 17 until 11:59 PM on Oct 23, 2026 (Philippine time); the opening of offers was set for Oct 27, 2026 at 9:00 AM.

It is listed as unoccupied. 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 work the lot needs before you offer.

The required gross monthly income for this lot is ₱26,589, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱9,306 a month. A bigger down payment, or paying in cash, lowers that requirement. Pag-IBIG's Naga Housing Business Center is the handling office.