Volcanic Wine Awards | 25th anniversary events | The Jancis Robinson Story | 🎁 25% off gift memberships

Collecting on a budget – Iberia

Saturday 11 May 2024 • 6 min read
cellar of old bottles of Rioja from GettyImages-ManuelVelasco

Spain and Portugal offer particularly rich pickings for anyone looking for less expensive wines worth ageing. A shorter version of this article is published by the Financial Times. See this Guide to collecting on a budget.

Some Spanish wine producers have the delightful, and rare, habit of releasing their wines only when they are starting to be ready to drink. This is especially true in Spain’s prime fine-wine region Rioja with the practice most common among the longest-established producers such as CVNE, La Rioja Alta, López de Heredia, Marqués de Riscal and Marqués de Murrieta. Such patience is so much friendlier towards those in a hurry than, say, the Bordeaux practice (currently ongoing with the 2023s) of expecting consumers to pay for wine when it is still maturing in barrel.

But wine lovers will be rewarded if they are prepared to age these Riojas, and especially those released a bit earlier, even further in bottle. The best Reservas and Gran Reservas can continue to evolve and improve for decades after release. One of the most revelatory tastings of my life was one in 2011 of red Riojas from vintages 1982 back to 1945 and whites, mainly the famous Viña Tondonia, from 1973 back to 1939. The wines were glorious and still very much alive. Since then the number of white Riojas worth cellaring has grown considerably.

The rash of new Rioja producers, many nowadays producing geographically specific bottlings rather than blends, tend to release their wines earlier than the historic bodegas, for obvious financial reasons. But many of them are making very exciting wines that are well worth ageing. See, especially, Ferran’s series on ‘secret’ Riojas.

Spain’s more recently fashionable fine-wine regions Ribera del Duero and Priorat also produce many a wine worth ageing, as witness respectively Vega Sicilia and Álvaro Palacios’s L’Ermita, but these are not for the budget-conscious. The cheapest Riberas tend to be blended to match a price for mass retailers but the Psi bottlings of Peter Sisseck, whose top wine Pingus put Ribera on the map for serious wine collectors towards the end of the last century, are made with just as much care as his Pingus. They are blends of the produce of old vines in the region and the Psi project is designed, admirably, to keep them in the ground.

However, while it is still relatively undiscovered, the new appellation Arlanza just north of Ribera consistently offers better value for Tempranillo-based wines that really benefit from ageing. (Ferran will be profiling Arlanza soonish.)

Montsant just outside the Priorat appellation also tends to be better value than its more famous neighbour. Our Spanish specialist Ferran Centelles particularly recommends the Montsants of ‘super-top producers such as Vinyes Domenech or Joan d’Anguera’. He also describes the full-bodied reds based on the Monastrell grape such as those from Alicante, Almansa, Bullas, Jumilla, Manchuela, Valencia and Yecla as having ‘latent promise, but only a few can compete with Bandol’.

The Cabernet-based reds of Catalonia/Catalunya can be aged just as long as their counterparts from Bordeaux but the far north-east of Spain can also field some whites worth ageing that are based on the local Xarello grape variety. Like Arlanza, this is another under-appreciated category of ageworthy wines.

It is becoming slightly more common, however, to age the best dry whites of Galicia’s Rías Baixas based on Albariño grapes grown in the Salnés subregion and made in a Chablis-like style. I suspect most reds from this cool, Atlantic-influenced north-west corner of Spain need not be aged very long, however, although the best reds from Bierzo to Galicia’s immediate east are an exception.

I love the new, fragrant, often transparent reds based on Garnacha grapes that are emerging from all over Spain but I would not recommend the lightest of them for long-term ageing either.

Portugal’s wine country may be less familiar than Spain’s – and it’s also less extensive – but there are so many well-priced cellar candidates to be found there, both red and white.

The northerly wine regions of the Douro, Dão and Bairrada have already demonstrated that they can make very fine, ageworthy reds. Reds from port country, the spectacular Douro Valley, have had time to prove that the valley’s rich mix of old vines of a vast array of locally adapted grape varieties can yield really exciting table wines that are worth ageing. (It is notable that both of the two major port groups, Symington Family Estates and now The Fladgate Partnership – Taylor’s et al – are serious players in the table-wine game.) But the whites are now also of serious interest – especially since Douro producers have identified the best spots for making refreshing whites, generally higher sites.

The Encruzado grape variety of Dão can perform the same trick. It so clearly makes substantial wines with much the same structure as a white burgundy that similarly deserve careful ageing in barrel before long ageing in bottle – in your cellar perhaps? I’m also a great fan of Portugal’s pale-skinned Arinto grape, originally from the revived historic wine region of Bucelas just north of Lisbon, whose wines can have a wonderful spine and appetising citrus flavour.

Anyone who has tasted young wines from Bairrada’s characteristic grape varieties – Baga for reds and Bical for whites – will realise that these are wines that positively have to be aged for their acidity and astringency to be tamed, but producers such as Luís Pato, his daughter Filipa Pato, Sidónia de Sousa and Quinta das Bágeiras long ago proved that it can be worth the wait.

On the edge of the Bairrada region is the most extraordinary proof of this: the ornate landmark that is the Bussaco Palace Hotel maintains its own cellar of exceptionally ancient Buçaco wines made from blends of Bairrada and Dão grapes that are labelled as just Vinho de Mesa or Vinho Tinto rather than anything more geographically specific.

The more southerly wine region of the Alentejo is also now producing ageworthy reds to join the longstanding cellar treasure Mouchão. Producers such as Susana Esteban have caught the eye of our Portuguese specialist on JancisRobinson.com, fellow Master of Wine Julia Harding, because of the emerging quality of Alentejo whites.

Julia is so assiduous a taster that I have fewer opportunities to taste Portuguese wine than I would like but she points out that some Portuguese reds not obviously made for the cellar do actually age incredibly well. The first examples to come to her mind are Quinta do Vallado’s entry-level wine and the wines of Valle Pradinhos (unfortunately not imported into the UK) in Trás-os-Montes way upriver – almost in Spain.

Both Spain and Portugal produce some of the world’s most famous fortified wines, notably sherry and port respectively, but many more, including Madeira (virtually immortal) from the Portuguese island of the same name in the middle of the Atlantic. To these should be added Portugal’s Carcavelos and Moscatel de Setúbal. Most of these are bottled when they have been softened by long ageing in cask and are ready to drink so don’t need to be cellared.

The obvious exception, however, is vintage port, and similar bottle-aged, as opposed to wood-aged, ports from lesser vintages carrying a quinta (wine farm) name on the label. These are the wine world’s most obvious candidates for hiding away in a cellar. Insiders wouldn’t consider opening a bottle of vintage port that was less than 20 years old. The quality of vintage port is higher than it has even been, and some single-quinta 2022s have just been released. Perfect for godchildren born in that year?

Iberian bargains worth keeping

Spanish whites

Palacio de Fefiñanes Albariño 2021 Rías Baixas 12.5%
£21.99 Waitrose

Pepe Raventós, Vinya del Noguer Xarello 2022 Penedès 12.5%
£36 Shrine to the Vine (soon; they’re still on the 2021)

Spanish reds

Tomàs Cusiné, Vilosell 2021 Costers del Segre 14.5%
£11.95 The Wine Society

Artuke, Pies Negros Crianza 2020 Rioja 14%
£13.62 Justerini & Brooks, £16.40 VINVM, £19.50 Lea & Sandeman

Cérvoles, Colors 2021 Costers del Segre 14.5%
£16.99 Cressis Wines

Sierra de Toloño 2020 Rioja 13.5%
£17.95 Lea & Sandeman

La Rioja Alta, Viña Alberdi Reserva 2019 Rioja 14%
£19.99 Waitrose

4 Monos Viticultores, Tierra de Luna 2018 Vinos de Madrid 13%
£21.41 Justerini & Brooks

Joan d’Anguera, Altaroses 2020 Montsant 14%
£25.10 Theatre of Wine

Raúl Pérez La Vizcaína de Vinos, La Poulosa Lomas de Valtuille 2020 Bierzo 13.5%
£25.50 VINVM

Finca Allende 2014 Rioja 13.5%
£25.49 N D John and many other stockists

Contino, Reserva 2018 Rioja 14%
£25.99 Waitrose

Venus la Universal 2018 Montsant 14.5%
£37.40 Justerini & Brooks

La Rioja Alta, Viña Ardanza Selección Especial Reserva 2010 Rioja 13.5%
£39 92 or More

Portuguese whites

Quinta do Escudial 2022 Dão 13%
£10.95 The Wine Society

Textura, Pura 2021 Dão 12.5%
£33.41 Justerini & Brooks

Portuguese reds

Quinta do Vallado 2021 Douro 13.5%
£13.15 VINVM, £16.45 Frazier’s Wine Merchants and N D John Wine Merchants

Wine & Soul, Pintas 2019 Douro 14.5%
£59.62 Corney & Barrow

Photo by Manuel Velasco via Getty Images.

Access to over 250,000 tasting notes, with scores and suggested drinking dates, including reviews of hundreds of wines from these producers and regions, is included in membership of JancisRobinson.com. For international stockists, see Wine-Searcher.com.

Choose your plan
JancisRobinson.com 25th anniversaty logo

This February, share what you love.

February is the month of love and wine. From Valentine’s Day (14th) to Global Drink Wine Day (21st), it’s the perfect time to gift wine knowledge to the people who matter most.

Gift an annual membership and save 25%. Offer ends 21 February.

Member
$135
/year
Save over 15% annually
Ideal for wine enthusiasts
  • Access 289,514 wine reviews & 15,909 articles
  • Access The Oxford Companion to Wine & The World Atlas of Wine
Inner Circle
$249
/year
 
Ideal for collectors
  • Access 289,514 wine reviews & 15,909 articles
  • Access The Oxford Companion to Wine & The World Atlas of Wine
  • Early access to the latest wine reviews & articles, 48 hours in advance
Professional
$299
/year
For individual wine professionals
  • Access 289,514 wine reviews & 15,909 articles
  • Access The Oxford Companion to Wine & The World Atlas of Wine
  • Early access to the latest wine reviews & articles, 48 hours in advance
  • Commercial use of up to 25 wine reviews & scores for marketing
Business
$399
/year
For companies in the wine trade
  • Access 289,514 wine reviews & 15,909 articles
  • Access The Oxford Companion to Wine & The World Atlas of Wine
  • Early access to the latest wine reviews & articles, 48 hours in advance
  • Commercial use of up to 250 wine reviews & scores for marketing
Pay with
Visa logo Mastercard logo American Express logo Logo for more payment options
Join our newsletter

Get the latest from Jancis and her team of leading wine experts.

By subscribing you agree with our Privacy Policy and provide consent to receive updates from our company.

More Free for all

Ch Brane-Cantenac in Margaux
Free for all A final report on this year’s Southwold-on-Thames tasting of about 200 wines from the unusually hot, dry 2022 vintage. A...
sunset through vines by Robert Camuto on Italy Matters Substack
Free for all It’s time for a reset from vineyards to restaurants, says Robert Camuto. A long-time wine writer, Robert recently launched Italy...
A bunch of green Kolorko grapes on the vine in Türkiye
Free for all This morning at Wine Paris, Dr José Vouillamoz and Seyit Karagözoğlu of Paşaeli Winery made a surprising announcement. Kolorko, a...
Clisson, copyright Emeline Boileau
Free for all Jancis revels in the glorious 2025 Loire vintage, and her tasting of dry whites identifies some excellent 2024s, too. A...

More from JancisRobinson.com

WNi5 logo and Andrew Jefford recieving IMW Lifetime Achievement award with Kylie Minogue.jpg
Wine news in 5 Plus, a trade deal for China and South Africa, falling French wine and spirits exports, a legal case in Australia...
A still life featuring seven bottles of wines and various picquant spices
Inside information Part six of an eight-part series on how to pair wine with Asian flavours, adapted from Richard’s book. Click here...
Muscat of Spina in W Crete
Wines of the week A complex mountain-grown Greek Muscat that confronts our expectations. From $33.99, £25.50. Pictured above, Muscat of Spina vines at c...
Tasters of 1976s at Bulcamp in June 1980
Inside information 1947 first growths a-go-go. Things were very different when this annual tasting got off the ground. Above, at the prototype...
essential tools for blind tasting
Mission Blind Tasting What you need for a successful blind tasting, and how to set one up. For background, see How – and...
Henri Lurton of Brane-Cantenac
Tasting articles The last of three articles devoted to the 200-odd 2022 bordeaux tasted blind in this year’s Southwold-on-Thames tastings. See my...
Farr Southwold lunch
Tasting articles See this guide to our coverage of 2022 bordeaux, and our report on the 2022 bordeaux whites tasted during this...
Tom Parker, Jean-Marie Guffens and Stephen Browett (L to R) taken in Guffens’ base in France's Mâconnais
Tasting articles The first of three reports on this year’s blind tasting of significant four-year-old bordeaux. See Bordeaux 2022 – a guide...
Wine inspiration delivered directly to your inbox, weekly
Our weekly newsletter is free for all
By subscribing you're confirming that you agree with our Terms and Conditions.