The facts:
2007 Veleta Nolados
Variety: 40% Cabernet Sauvignon, 40% Cabernet Franc, 20% Tempranillo
Region: Granada, Spain
Aging: 12 months in American and French oak

My take
In a way, I get dark purple and light pink on the nose. I find that surprising and don’t really know how to process that; not sure what to expect.
As for the flavor..., It’s difficult to get it’s full measure quickly. To borrow a phrase from Jonathan, this is one I want to get to know.
I’d say it tastes like a blend. It has a lightness from the Cab Franc and added complexity from the Cab Sauv. There is definitely a range of flavors, but I can’t seem to pinpoint its character. It’s not hugely complex with a wide array of flavors, but it’s not one note either. There is some spiciness in the front and the middle. And it has a relatively long finish. The texture is great - It has a full, creamy/velvety, soft texture to it.
Overall, the Veleta Nolados has a bigger and bolder profile than I’m used to drinking, but I rather enjoy it. It’s very well balanced, easy to drink, with a nice mouthfeel (yes, I just said “mouthfeel”), and a range of flavors. I only wish I had more.
Price Point: Updated 8/18/2011
When an internet search yielded no US stores selling this wine, I emailed the winery about their availability in the U.S. They responded immediately putting me in touch with their U.S. distributor in Virginia, Andes Importers, Inc. They were very helpful and quick to respond as well.
If you're in the DC metro area, Andes Importers works with Arrowine, Red, White and Bleu, Wine House, and Unwined. While the Veleta Nolados may not be on the shelves at those stores, I'd suggest mentioning Andes Importers and see if they'll put in a special order for you. I know I will.
If you're not in the DC area, contact Andes Importers directly - they'll be happy to tell you if there are stores in your area that might special order from them. And the more interest we can drum up in this wine, the better!