Foreclosed Agricultural Lot in Pagbilao · Lot in (EastWest Bank)

26598 Property ID
1 m2 Size

Property facts

Floor area
1 m² (11 sq ft)
Lot area
5,967 m²
Type
Farm
City
Pagbilao
Status
Available · For Sale
Deal
foreclosed
Listing ID
GRC-26598

Description

EastWest Bank foreclosed agricultural lot in Pagbilao. this is a bank-acquired asset offered directly by the bank’s asset-disposal unit at ₱466,000 (about US$7K at today’s rate). Full address: LUC-0002-02 Agricultural Lot in Pagbilao.

Property facts

  • Type: Agricultural Lot (bank classification: Agricultural-Vacant Lot)
  • Lot area: 5,967 sqm (64,229 sq ft)
  • Indicative price: ₱466,000 (about US$7K at today’s rate) — about ₱78 per sqm
  • Source: EastWest Bank foreclosed-asset listing, reference on file with GRC

How buying a bank foreclosure works in the Philippines

Bank-acquired properties are sold as-is, where-is: the bank sells the asset in its current physical and legal condition. You submit an offer (some banks run sealed bidding on set dates, others accept negotiated offers), pay a reservation or bid deposit, and complete the purchase either in cash or on the bank’s own financing. Because the seller is a bank, the title is normally already consolidated in the bank’s name, which removes the biggest risk in private resale deals; what still needs checking is unpaid real-property tax, association or condominium dues, occupancy, and the physical condition.

For a lot, confirm the technical description against the actual boundaries with a relocation survey, check road access and zoning, and ask the bank whether any informal occupants are on site.

Financing a foreclosed property

Banks frequently finance their own foreclosed assets on favourable terms, and Philippine bank loans are available to Filipino citizens, dual citizens and, for condominium units since 2026, selected foreign nationals. Check your eligibility in one minute with our loan eligibility check, read the guide to Philippine mortgages while living abroad, or run the numbers in the mortgage calculator. Investors comparing foreclosures with pre-selling and creative-finance deals should start at our foreclosed-property guide and the Invest hub.

What Global Realtor 4 a Cause does for you

We verify the title and encumbrances, obtain the tax and dues statements, inspect the property, prepare and submit your offer to the bank, and coordinate the transfer. A licensed Philippine and U.S. broker handles the transaction, and part of every commission goes to charity. Book a call or ask Trish AI on this page for similar foreclosures in Pagbilao.

Listing data as published by EastWest Bank; prices and availability change without notice and are confirmed with the bank at offer time.

Buyer tools

  • Price per m²: PHP 466,000 (PHP 43,292 per sq ft)
  • Approx. in USD: USD 7,419 (rate 62.8086 PHP/USD as of 2026-10-08, open.er-api.com; indicative only)
  • Estimated monthly payment: PHP 3,351
    Principal and interest only, amortising; excludes taxes, association dues and insurance. Defaults follow GRC's published financing terms (10–20 years, typically 6–8%, 20–30% down). Not a quote — GRC arranges mortgages for Filipinos and foreigners; full calculator with taxes and fees here.

Address

  • Address LUC-0002-02 Agricultural Lot in Pagbilao
  • Country Philippines
  • City/Town
Open on Google Maps

Overview

  • Property ID 26598
  • Price Php466,000
  • Property Type
  • Property status
  • Size 1 m2
  • Land area 5,967 m2
  • Label

Buyer resources

Guides and services from Global Realtor 4 a Cause that apply to any Philippine purchase, not just this property.

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Prepared Date: 2026-10-08