Investing in Spanish Wine: 10 Best Bottles for Your Cellar (2024)

Although not as famous as its French and Italian counterparts, the Spanish wine industry is increasingly sought-after for its extraordinary, investment-worthy wines. 

Most of the country’s best wines - like Pingus and Vega Sicilia - are made in Ribera del Duero (Castilla y León). But you can also grab some fine bottles in Spanish regions like Galicia and Duero River Valley.

Let’s see why you should start investing in Spanish wine bottles, the 10 best wines you should pick, how Vinovest can help you invest in them, and more.

Why You Should Start Investing in Spanish Wine Bottles

Wondering if it’s worth investing in Spanish wines?

Well, the good news is that the best Spanish wine bottles are age-worthy, show a stable price appreciation, and perform well at auctions.

• Aging Potential
• Price Appreciation
• Auction Results

Aging Potential

You can age most fine Spanish wines for up to 15 years. However, the best Spanish Tempranillo wines (from esteemed wineries like Vega Sicilia and Pingus) can age for more than 20 years!

The best part is that these wines usually increase in value significantly as they approach maturity.

Price Appreciation

Expensive Spanish wines from regions like Rioja Alta, Ribera del Duero, and Castilla La Mancha usually perform consistently on the wine market.

Here are a few price appreciation examples:

• The 2008 Teso La Monja wine grew in value by 51% - from $1,390 in June 2020 to $2,101 in June 2021.
• Meanwhile, the 1996 Dominio de Pingus 'Pingus' wine appreciated by 86% - from $844 in June 2020 to $1,571 in February 2022.

Also, in 2020, the Spanish fine wine market recorded a 90% growth in the value of wines traded on Liv-ex (a fine wine trading platform) compared to 2019.

Auction Results

Now, let’s check out how these wines perform at auctions:

• A bottle of the Dominio de Pingus ‘Pingus’ 1999 was sold for $7,800 at a March 2014 Christie’s auction. 
• The Vega Sicilia Unico 1953 wine was sold for $2,160 at an April 2022 Christie’s auction. 
• Meanwhile, a 1-mag of the Vega Sicilia 'Unico' 1998 was sold for $2,500 at an April 2021 Sotheby’s auction. Also, a 2-mag of the Vega Sicilia 'Unico' 1998 was sold for $4,460 at the same auction.

Interestingly, the demand for Spanish fine wine bottles is increasing rapidly worldwide. For example, about 8% (compared to 5% the year before) of Spanish wines were bought by UK buyers at wine auctions held between March 2020 to March 2021.

Let’s now check out the Spanish wines that deserve a spot in your fine wine investment portfolio.

10 Best Spanish Wines Worth Investing In

Most of Spain’s best wines (like Domino de Pingus and Vega Sicilia Unico) hail from the Castilla y León and Rioja. 

However, over the recent years, there’s been a growing number of winemakers from Basque Country, Duero River Valley, and Canary Island and others that you cannot ignore!

Here are the most delicate Spanish wines to add to your wine cellar:

1. Williams & Humbert Coleccion Anadas Single Cask Oloroso Sherry
2. Teso La Monja
3. Dominio de Pingus 'Pingus'
4. Alvaro Palacios L'Ermita Velles Vinyes
5. Bodegas Valduero 12 Anos Gran Reserva
6. Barbadillo Reliquia Amontillado Sherry
7. Barbadillo Reliquia Pedro Ximénez Sherry
8. Vega Sicilia Unico Gran Reserva
9. Vega Sicilia Unico Reserva Especial
10. Bodegas Hermanos Sastre 'Vina Sastre' Pesus

1. Williams & Humbert Coleccion Anadas Single Cask Oloroso Sherry (Average price: $3,015)

This Spanish fine wine from the Bodegas Williams & Humbert winery is made from the Palomino grape. It’s a premium wine that boasts medium acidity, full-bodied richness, and caramel flavors.

2. Teso La Monja (Average price: $1,117)

This wine from the Sierra Cantabria Spanish winery is made from the fruit of old Tempranillo vine plantings. It’s a silky red wine with supple tannins, black fruit flavor, and earthy notes.

3. Dominio de Pingus 'Pingus' (Average price: $1,057)

This red wine from the Dominio de Pingus Spanish winery is made from the Tempranillo (Tinto Fino) grape variety. It has blackberry aromas, crisp minerality, and red fruit flavors. 

4. Alvaro Palacios L'Ermita Velles Vinyes (Average price: $957)

This Spanish red wine from the Alvaro Palacios winery is made from the Grenache (Garnacha) grape variety. It’s an incredible premium wine boasting black fruit flavors, supple tannins, and earthy notes.

5. Bodegas Valduero 12 Anos Gran Reserva (Average price: $892)

This red wine from the Bodegas Valduero wine estate is made from the Tempranillo (Tinto Fino) grape. It’s a remarkable Spanish wine with concentrated ripe fruit flavors, light tannins, and ripe cherry aromas.

6. Barbadillo Reliquia Amontillado Sherry (Average price: $838)

This fine Spanish white wine is produced by Vega Real (Bodegas y Vinedos Vega Real) - a famous Spanish producer based in the Ribera del Duero wine region. It’s made from the Palomino grape, and is admired for its smooth texture, nut aromas, and juicy red fruit flavors.

7. Barbadillo Reliquia Pedro Ximenez Sherry (Average price: $654)

This Spanish wine from the Vega Real winery is made from Pedro Ximénez grapes. It’s an exquisite white wine with citrus fruit flavors, crisp minerality, and hazelnut aromas. 

8. Vega Sicilia Unico Gran Reserva (Average price: $482)

This Vega Sicilia wine is made from the Tempranillo grapes of old vine plantings. It’s a delightful Spanish red wine with a lively sweet black plum aroma, dry tannins, and cherry flavors.

If you’re into cult wine investment, be sure to add this high-quality bottle to your collection.

9. Vega Sicilia Unico Reserva Especial (Average price: $473)

This Spanish wine from the Vega Sicilia winery is made from Cabernet Sauvignon and Tempranillo grapes. The red wine bottle opens with dried cherry aromas, silky tannins, and dark fruit flavors.

10. Bodegas Hermanos Sastre 'Vina Sastre' Pesus (Average price: $304)

This red wine is produced by the Viña Sastre wine estate - a famous Spanish producer based in the Ribera del Duero wine region. 

It’s made primarily from Tempranillo and traces of Cabernet Sauvignon and Merlot. It has blackberry aromas and cherry flavors with spice notes.

Now, how do you start your wine investing journey?

Invest in Spanish Wine Bottles Through Vinovest

Visit the Vinovest website to start investing in the best Spanish wine bottles.

It’s an AI-powered platform that helps you buy, store, and sellPinot Noir, French sparkling wine, English sparkling wine, cult wines, New World wines, and other fine wine bottles.

With Vinovest, you can easily get your hands on investment-worthy wines from La Mancha, Duero River Valley, Canary Island, Basque Country, New Zealand, South America, and worldwide.

Here’s how it works:

• Sign up with Vinovest to start your fine wine investment journey.
• Complete a quick questionnaire that’ll help determine your investment style.
• Fund your account with $1,000 or more.
• Sip your favorite Spanish wine while you watch your wine investment portfolio grow.

Some of the benefits include:

• Vinovest sources your authentic wines at the best wholesale prices. 
• It safely stores your wines in a bonded warehouse. So, you won’t be charged excise duty or VAT.
• Vinovest only charges a 2.5% annual fee (1.9% for portfolios of $50,000+). This covers wine storage, insurance, portfolio management, and fraud detection.

Visit the Vinovest website to know more!

Now, there are a few other ways to invest in the Spanish wine industry.

Investing in Spanish Vineyards or Wineries as an Alternative

Here’s a fun fact - Spain has the world’s largest vineyard area! So, there are plenty of opportunities to explore if you’re considering investing in the region’s best wineries and vineyard sites.

In fact, they are available for investing to local and foreign citizens - whether you’re from Ebro River Valley, La Rioja, Castilla La Mancha, New Zealand, North America, or South America.

Over the years, passionate investors have been putting their money into the Spanish wine industry. From 2010 to 2020, the region received over $860 million in foreign investment.

What’s more interesting is that you can get the finest Spanish vineyards for almost half the prices you’d pay for those in Bordeaux or Burgundy in France or Tuscany in Italy.     

Invest in Spanish Wine the Easy Way!

Spain’s most sought-after wines show a steady price growth and incredible aging potential. So, these drinks present great opportunities for passionate investors. 

Visit the Vinovest website to start your wine investment journey. This platform helps you buy, store, and sell Pinot Noir, New World wines, English wine, sparkling wine, and other bottles from California, the Ebro River Valley, La Mancha, New Zealand, or South America.