Featured: Government foreclosed properties and acquired assets for negotiated sale!


Please see below list of Government foreclosed properties and acquired assets for negotiated sale! Prices and terms* are negotiable, subject to management approval. These properties are the acquired assets of a Government Financial Institution (GFI) attached to the Department of Finance (DOF).

*Update as of February 13, 2012 – I have just cleared up with the person-in-charge that these acquired assets are for sale on cash basis only. Prices are negotiable.

Some of the properties on the list are located in Las Pinas and we already visited them. These are the townhouses located in Ponte Verde, BF Resort Village, Las Piñas City. Pictures of these townhouses can be found after the complete list of government foreclosed properties below.

Government Assets for sale 2012 (negotiated sale)

Property #


Indicative Price (PHP)


A parcel of interior residential rawland with an area of 109,234 sq.m., located in Sitio Buyag, Brgy. Inarawan, Antipolo City, covered by TCT No. R-32297.




Citibank Center office space with an aggregate floor area of 2,330.22 sq.m. located at the 3rd  and 4th floors, Paseo de Roxas cor Villar Streets together with 10 parking  slots located at the Citibank Tower



One (1) Lot Painting Facility consisting of: Top Coat Spraybooth (air supply unit, 2 AHU, intake chambers 2 supply fans, spraybooth air filter chamber, preparation booth, painting booth, 3 exhaust fans, sludge separator system); Flash Off Booth (supply fan, exhaust fan); Top Coat Oven (oven, 2 exhaust fans, chart recorder and temperature sensor, exit booth chamber, floor conveyor)



Townhouse Units located at Ponte Verde, BF Resort Village, Las Piñas City


  • (SOLD) Lot 15, Block 1 Verde Drive; Lot Area = 75 sq.m.; Floor Area = 110 sq.m.



  • (SOLD) Lot 16, Block 1 Verde Drive; Lot Area = 75 sq.m.; Floor Area = 110 sq.m.



  • (SOLD) Lot 17, Block 1 Verde Drive; Lot Area = 75 sq.m.; Floor Area = 127 sq.m.



  • (SOLD) Lot 18, Block 1 Verde Drive; Lot Area = 75 sq.m.; Floor Area = 110 sq.m.




Five (5) Garden Special Memorial lots (Lots 1, 2, 3, 4 & 5 Block 8, Section 6B, Phase 1) Sanctuary Memorial Park, Minglanillla Cebu, covered by Certificate of Continual Use No. CO-217. 




The GFI’s  credit interest in a Bulk Grains Terminal Facility located in Brgy. Talaan,  Sariaya, Quezon




Three (3) parcels of non-contiguous interior agricultural lots with an aggregate area of 5,566 sq.m., located in Brgy. Cabu, Cabanatuan City, Nueva Ecija, covered by TCT Nos. 124877, 124878 & 124879.





Ponte Verde Townhouses pictures

Foreclosed Ponte Verde Townhouse ion BF Resort Las Pinas City - Panoramic  picture

Foreclosed Ponte Verde Townhouse ion BF Resort Las Pinas City – Panoramic picture

We are assisting the GFI who owns the acquired assets above. If you are seriously interested in any of the properties, kindly leave a comment below and indicate which of the properties you are interested in, along with your contact details (will not be published).

We will contact you as soon as possible to confirm your inquiry. Afterwards, we shall check the availability of the property and send you information through e-mail. If everything is in order, we will then assist you with the purchase of the property.

Please keep in mind that by inquiring through us, you acknowledge us as your real estate brokers.

Happy hunting!


To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker License No. 3194
Blog: http://www.foreclosurephilippines.com
Follow me in Twitter: http://twitter.com/jay_castillo
Find us in Facebook: Foreclosure Investing Philippines Facebook Page

Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2012 All rights reserved.

Full disclosure: We are accredited real estate brokers of the GFI who owns these foreclosed properties.

Never miss an article, subscribe now and get email alerts when we publish new foreclosed property listings and real estate investing tips.

About Jay Castillo

Jay is the founder of Foreclosurephilippines.com where he shares real estate investing tips and foreclosed property listings. He quit his job as an I.T. Manager to focus on Real Estate Investing and Internet Marketing. He is a PRC licensed Real Estate Broker (REB License # 3194)... [Read more]

Get more from Jay : Facebook | Google+ | Twitter | LinkedIn

  • Pingback: Foreclosed properties for sale in BF Resort Las Pinas City now at reduced prices!()

  • aida c. mercado

    Sir, just want to acquire a house and lot or townhouse in Cavite or nearby area.

  • http://mangondayAlioden@facebook.com alioden mangonday

    hi sir…just want to ask if there is a property situated in Muntinlupa?to be specific VM townhomes?

  • immy

    i am an ofw looking for an foreclose somewhere in laguna cavite or just even in manila area fot not morethan 1million thanks

    • michelle

      i am an looking for an foreclose somewhere in tarlac city or Sapang tagalog tarlac

  • Ariel Raymundo

    I am interested in apartment for sale located in Taguig, Pateros, Paranaque, Pasay or Mandaluyong. Please text or call me at 0922-8632217 if you have some listings.

    And do you have available unit/s in Ponte Vede?

  • Charles

    Gdpm, is the item #11 taken? Pls reply ty


  • Teresito A. Digor

    hi, gd day. 
    i am interested on the property no,: 11, in Brgy, cabu, cabanatuan city, in nueva ecija, pls, send me the details, my e-mail : tdigor_1964 @yahoo:disqus .com.thankyou very much. Godbless.

  • Cgue66

    Could you send me the details of the property in brgy cabu nueva ecija? My email address is cgue66@yahoo.com.sg. Thank you.

  • Vicki

    Hi Jay
    I am fr. Nueva Ecija and am interested in property no. 11. Kindly send me all the details/information about it asap. My email is vickialba@yahoo.com. Best and congrats to this site, very helpful and informative! vicki

  • Lorraine

    Do these townhouses have back taxes? How many rroms are there in each unit?i

  • Zhesa

    I’m an OFW. I would like to ask for more foreclosed property for sale. I prefer somewhere in Cavite and Laguna. Thanks.

  • joe

    hi jay,
    like to know more about those tax foreclosed properties by the the city govt, i.e. san juan. 
    does it mean that if i win the bid i get to keep the property? am asking this because taxes are a few thousands only while the properties are valued in millions,.
    if this is really the case, issues and challenges should be expected, i.e. owners not vacating the property, owners will pay the back taxes.
    am worried that the owners will not easily give up the properties just because the city govt put their property on auction on account of not paying the property taxes.
    am i missing something?
    appreciate help.

  • Jeff Perpetua

    I am interested in item #11 property located in Brgy Cabu, Nueve Ecija. Please send more information in regards to the said property. My contact info is: jeffperp_49@yahoo.com, ph nos. 0927-981-9156 or 02-586-9595. Thanking you in advance and looking forward for your reply. Jeff Perpetua

    • http://www.foreclosurephilippines.com Jay Castillo

      Hi Jeff, did you receive my email? Please confirm. Thanks!

    • http://www.foreclosurephilippines.com Jay Castillo

      Hi Jeff. Did you receive my email? Please confirm. Thanks.

  • phantomofhope

    what are the terms of payment?

    • http://www.foreclosurephilippines.com Jay Castillo

      As per advice from the GFI, these are all on cash basis, but the selling price is negotiable.