Foreclosed Lot for Sale in Tiwi, Albay (Lot 2310-E-3-L-1-I)

This lot is a Pag-IBIG Fund foreclosed property in Barangay Cararayan, Tiwi, Albay, offered through negotiated sale. It is not inside a subdivision. The record places it at Lot 2310-E-3-L-1-I. Its lot area is 582 sqm.

At ₱1,804,200, the minimum selling price works out to about ₱3,100 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.

It is listed as unoccupied. The title is under consolidation, so it is still being transferred to Pag-IBIG Fund's name. 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 ₱30,082, according to Pag-IBIG, because the amortization of about ₱10,529 a month may not exceed 35% of income. Paying in cash or putting more money down reduces the income needed to qualify. Pag-IBIG's Naga Housing Business Center handles the sale.