Funchal package sold for 3.9 million euros – The Jornal Econômico

Funchal package sold for 3.9 million euros - The Jornal Econômico


The Funchal vessel was sold by public auction to British hotel group Signature Living for € 3.910 million after a tough dispute with a Portuguese-French consortium.

The auction had an initial value of 2.3 million euros and four offers were received, eventually being held by Signature Living Britons who declined to give details of their intentions for the historic Funchal package.

The representative of the group, who was present at the auction that took place on board the ship, which is moored at Cais da Matinha in Lisbon, declared only that Funchal will be taken to England and that this is the first vessel acquired by Signature Living .



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