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In this city the annual rental housing is only 88 cents. Photo

В этом городе годовая аренда жилья составляет всего 88 центов. Фото This price is valid for 500 years.

Rental housing — not a cheap pleasure, but not in this cozy town of Germany. Only 88 cents per year you can rent your own apartment, and this fee has not changed for 500 years.

They say the city Fuggerei was established a rich banker, in 1520, to help the needy find shelter. Anyway, as tradition has preserved: now in 67 buildings (147 apartments) is Europe’s oldest social housing.

В этом городе годовая аренда жилья составляет всего 88 центов. Фото

But in order to live here, there are a few conditions: you must be a Catholic to pray three times a day, and be a resident of the neighboring city of Augsburg for at least two years.

В этом городе годовая аренда жилья составляет всего 88 центов. Фото

Old houses similar to modern townhouses, each tenant has its own entrance. The interior is quite simple and no-frills, but each apartment is equipped with necessary furniture. So is the kitchen-dining room.

В этом городе годовая аренда жилья составляет всего 88 центов. Фото

The bathroom also has everything you need including a washing machine and water heater.

В этом городе годовая аренда жилья составляет всего 88 центов. Фото

And here is the bedroom — nothing more, all modestly and neatly.

В этом городе годовая аренда жилья составляет всего 88 центов. Фото

That’s such an unusual village with their way of life, traditions and amazing attitude to the residents.

В этом городе годовая аренда жилья составляет всего 88 центов. Фото

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