avril 30, 2025
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three prayers per day and 88 cents per year

three prayers per day and 88 cents per year

From Augsburg, the third largest city in Bavaria, the father originated Wolfgang Amadeus Mozart Leopold Mozartalso composer, music educator and violinist, and German playwright Bert Brechtbut more than five hundred and fifty years ago, one more important townsman, a wealthy merchant and banker, as well as a benefactor and visionary, lived here, lived here Jacob Fuggerwho has left the city one of the largest attractions in the world – today the oldest social settlement in the world Fuggerii, in which about 150 residents of Catholic religion still live. For three prayers per day and 88 cents of rent a year.

The Fuggerei apartment is still in the queue today, and there are many applicants, including due to rising rents, they reveal. The year -round rent in Fuggerei costs only 88 cents without current costs, and they are convinced that this allows the residents to be a decent life, not just a daily struggle for bare survival. The acceptance criteria remain the same as specified by the founding documents of 1521, but are adapted to the current time.

Even today, the spacious layout of the apartments shows an important part of the vision of Jacob Fugger. The founder wanted the descendants of the family (he himself had no children) to provide vulnerable to the dignified life of « for all eternity ». On the enviable anniversary four years ago, they launched the FUGGereinext500 project. As they proclaim, they are looking at the future and inviting investors from all over the world, so that similar social settlements would be built elsewhere in the world and adapted to local needs.



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