Plaza de los Caballos del Vino (Plaza del Hoyo)

Popularly known as Plaza del Hoyo and officially as Plaza de los Caballos del Vino, this is one of Caravaca's most iconic spots.
This is where one of the most important events of the Caravaca Wine Horses Festival takes place: the bareback horse competition on May 1st, when the square becomes a hub of people, music, and color.
The rest of the year, it is a large public space that houses the monument dedicated to the horse.