Foreclosed Townhouse for Sale in Alta Tierra Homes, General Mariano Alvarez, Cavite (Lot 39 Blk 37)

This foreclosed townhouse is in Alta Tierra Homes, Barangay Aldiano Olaes, General Mariano Alvarez, Cavite, and Pag-IBIG Fund is offering it through the 2nd public auction. It sits at Lot 39 Blk 37. The townhouse has 40.12 sqm of floor area and stands on a 44-sqm lot.

The minimum bid price is ₱886,320, about ₱22,092 per sqm of floor area. With no winning bid in the 1st auction, the property went back to sealed bidding, where the highest qualified offer wins at the bid opening. The discount at this stage is up to 30%, depending on the mode of payment. The published offer window is Oct 12 to Oct 16, 2026, closing at 11:59 PM Philippine time, followed by the bid opening on Oct 21, 2026 at 9:00 AM.

The record marks the townhouse as occupied; any occupants are for the buyer to deal with. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. The sale is as-is, where-is, which leaves repairs and any unpaid association dues to the buyer, so inspect the townhouse before making an offer.

The required gross monthly income for this townhouse is ₱14,778, based on a 30-year Pag-IBIG housing loan for the full price; that points to an amortization of about ₱5,172 a month.