How is the amount of the contribution per parking space calculated (paragraph 2 of Article 5 of Law 1221/1981)?

1. The amount of the contribution per parking space for private use of a passenger car is calculated in drachmas (euros today), based on the value of land per square meter of land, provided that the building and the building coefficient applicable to the land in question are as follows:

For a building coefficient less than or equal to one (1) or per parking space, a contribution is determined equal to the value of the square meter of land multiplied by the area required for one parking space, expressed as an absolute number, as this area is defined more specifically in paragraphs 1 and 2 of Article 2 of this document.
For a building coefficient greater than one (1), the contribution per parking space is determined as in case (a) above, divided by the corresponding building coefficient.

Therefore, the following applies:
1. SD 1 , Redemption amount = land value/m2X25/SD.

2. In the case of real estate to which, according to the provisions of this law, a reduced contribution applies, this contribution shall be set at one quarter (1/4) of the amount calculated in accordance with the previous paragraph.

Therefore, in the case of a change of use (reduced contribution):
1. SD 1 , Redemption amount = land value/m2X25/SD/4

We find the S.D. and the land value from a program, or if we don’t have it, from a notary public.