ADVERTISEMENT

Check out the World's oldest housing complex ever! [PHOTO]

Located in Germany is Fuggerei, the World's oldest housing complex ever, where rent has remained the same for 5 centuries.

Fuggerei

Years ago, plots of land, building materials, and rent were cheap.

Now, as the exchange rate worsens, these are getting more expensive and will probably get worse.

The place is called Fuggerei, where residents have paid an annual rent of 1 Rhein guilder or $1.23 (N245) for nearly 500 years.

ADVERTISEMENT

Built between 1516 and 1523, it was named after one of Europe’s greatest early entrepreneurs, Jakob Fugger (aka “Jakob the Rich”).

According to Creators, all residents are required to be upstanding catholics and pray three times daily for the current owners of the Fuggerei, saying the Lord’s Prayer, Hail Mary, and the Nicene Creed.

Features of this settlement include 67 houses, 147 apartments, St. Mark’s Church, and an administrative building.

Each house has a a kitchen, a parlour, a bedroom, a tiny spare room, televisions and running water.

ADVERTISEMENT

One unique thing about this place is the fact that all the doorbells are different, this was done in order for residents to identify their houses in the dark.

With all of the above, it is safe to say that the Fuggerei was the first affordable housing unit.

Check it out.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Obama, Clinton support Biden at NYC fundraiser amid protests

Obama, Clinton support Biden at NYC fundraiser amid protests

Tinubu’s refusal to celebrate 72nd birthday marks great leadership - Rahman

Tinubu’s refusal to celebrate 72nd birthday marks great leadership - Rahman

Adamawa Police reaffirms ban on motorcycles in Yola

Adamawa Police reaffirms ban on motorcycles in Yola

You make bold decisions & live with consequences - Ondo Gov hails Tinubu at 72

You make bold decisions & live with consequences - Ondo Gov hails Tinubu at 72

170 electrical vandalism cases in 2 years, 100 charged to court - EEDC

170 electrical vandalism cases in 2 years, 100 charged to court - EEDC

Tinubu appoints Bello as chairman of code of conduct bureau

Tinubu appoints Bello as chairman of code of conduct bureau

Don't curse, condemn Nigeria in your sermons - Tinubu tells clerics

Don't curse, condemn Nigeria in your sermons - Tinubu tells clerics

Lagos postpones eagerly anticipated Easter boat regatta indefinitely

Lagos postpones eagerly anticipated Easter boat regatta indefinitely

Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister

Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister

Pulse Sports

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

Michelle Alozie: I had to do it because of African referees

Michelle Alozie: I had to do it because of African referees

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

ADVERTISEMENT
ADVERTISEMENT