Foreclosed Lot for Sale in Tiwi, Albay (Lot 2-D-3-B)

This foreclosed lot is in Barangay Cararayan, Tiwi, Albay, and Pag-IBIG Fund is offering it through negotiated sale. It is not inside a subdivision. The record places it at Lot 2-D-3-B. Its lot area is 255 sqm.

The minimum selling price is set at ₱943,500 (roughly ₱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 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.

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 work the lot needs.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱15,731, according to Pag-IBIG, because the amortization of about ₱5,506 a month may not exceed 35% of income. A bigger down payment, or paying in cash, lowers that requirement. Pag-IBIG's Naga Housing Business Center is the handling office.