Dutch Investor looks to Quickly Flip former Irish Naval Ship for Tidy Profit

Former Irish naval vessel LÉ Aisling which sold to a Dutch investor at a recent auction in Cobh for €110,000 is now up for sale for $750,000.

Dutch Investor former Irish Naval Ship resell

Formerly known as LÉ Aisling Sold for €110,000 in March

The ship went under the hammer back in March at Dominic J Daly & Co. Auctioneers in Cork and was bought by a representative of a Dutch company with plans to refurbish it and re-sell the vessel. There was only one other bid on the day from a Cobh businessman.

The ship’s listing says the recently decommissioned naval service vessel “is in very good condition and the price will go up as the owners spend money on further improvements.”

Want to see the original auctioneers photos of the ship? Check them out here.

About the Author

Ann Robinson
Has a passion for coastal heritage and maritime history. Loves sharing the best of the Irish coast online. Contact me ann@coastmonkey.ie or follow me on Twitter @AnnRobinson22