The current bill for property taxation, as it stands, is completely disincentive for property owners. Given that the basis for the tax is the value of the property, everyone will strive to keep the value of the property as low as possible. That is completely disincentive from an investment point of view. Conscientious owners who maintain and renovate their buildings will be 'rewarded' by having a higher property value and thus higher taxation.

In addition, as we all know, there is a lot of so-called grey economy and illegal work in the construction sector. From bricklayers, roofers, painters, ceramic painters to various plumbers. There are also more and more drillers who come in on a Saturday morning, drill a borehole, collect the cash and are gone by Sunday. Due to the general poor financial situation, investors pay a lot of investments in cash and thus avoid paying VAT.
Sometimes investing in real estate can reduce the income tax base. I therefore propose that a certain amount of tax relief be introduced for those who invest in their own property.
The condition for reducing the tax base would be that those wishing to reduce the tax base must produce the original invoice from the contractor and a receipt for payment.
My proposal for relief is 3 different levels of relief depending on the amount of investment:
 
Special category - energy renovation of private and public buildings
Owners who renovate their building and switch to a renewable source of heating reduce their maintenance costs, the new facades help to improve the appearance of the surroundings and contribute to a cleaner environment. A typical investment in energy renovation for a family house is between € 10,000.00 and € 25,000.00, which is between € 950.00 and € 2,375.00 of VAT, which today often goes unpaid. As the value of the renovated building is higher, they will pay more tax. I therefore propose that they be exempted from paying the tax for at least 7 years, as they have already made a significant contribution with their investment. The exemption would be conditional on the submission of invoices, a receipt and an energy performance certificate.

 
The amounts are purely informative, but they should certainly be set in such a way that the investor is more comfortable taking the invoice than paying "in cash". It is also right that the state is financed by the VAT collected and not by additional taxation.
The consequences of such a relief would be at least threefold:
 To be fair to those who have invested in their buildings this year or in recent years, they would also be able to claim the relief for interventions carried out in the last 3-5 years. Provided, of course, that they have kept receipts for it.