Foreclosed Townhouse for Sale in Deca Homes - Mactan I, Lapu-Lapu City, Cebu (Lot 5 Blk 3)

This townhouse is a Pag-IBIG Fund foreclosed property in Deca Homes - Mactan I, Barangay Marigondon, Lapu-Lapu City, Cebu, offered through the 1st public auction. It sits at Lot 5 Blk 3. The townhouse has 46.4 sqm of floor area and stands on a 40-sqm lot.

At ₱1,071,000, the minimum bid price works out to about ₱23,082 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 occupied, and dealing with any occupants is the buyer's responsibility. 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.

Pag-IBIG puts the required gross monthly income at ₱17,857 for a 30-year Pag-IBIG housing loan covering the full price, which implies a monthly amortization of about ₱6,250. Pag-IBIG's Cebu Housing Hub is the handling office.