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Dragados Begins €20M Rebuild of Valencia’s Fire-Ravaged Campanar Block

The reconstruction will proceed under extended rental aid for 41 families until homes are rebuilt.

Overview

  • The homeowners’ association Aproicam awarded Dragados S.A. a contract exceeding €20 million after a technical selection process.
  • Rehabilitation work officially began July 1, transitioning the project from planning to active construction.
  • The timeline spans 17 to 18 months, with the goal of welcoming residents back by Christmas 2026.
  • Rental subsidies capped at €1,500 per month have been extended retroactively for 41 displaced families under a Generalitat decree.
  • Project guidelines call for prioritizing Valencian suppliers to stimulate the local economy.