Foreclosed Townhouse for Sale in BF Townhomes Subdivision, Lapu-Lapu City, Cebu (Lot 23 Blk 3)

Through the 1st public auction, Pag-IBIG Fund is selling this foreclosed townhouse in BF Townhomes Subdivision, Barangay Pajac, Lapu-Lapu City, Cebu. The record places it at Lot 23 Blk 3. It has 61 sqm of floor area on a lot of 40 sqm.

The minimum bid price is ₱1,376,606, about ₱22,567 per sqm of floor area. In the 1st public auction, sealed offers must meet the minimum bid price, and the highest qualified offer wins when the bids are opened. There is no discount at this stage. The offer period was set for Oct 26 to Oct 30, 2026, closing at 11:59 PM Philippine time, with the bid opening on Nov 3, 2026 at 9:00 AM.

It is listed as unoccupied. Its title is still under consolidation, meaning the transfer to Pag-IBIG Fund's name is not yet complete. It is sold as-is, where-is, so visit the townhouse and set aside money for repairs and any unpaid association dues before you offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱22,953, according to Pag-IBIG, because the amortization of about ₱8,033 a month may not exceed 35% of income. Pag-IBIG's Cebu Housing Hub is the handling office.