I remember buying a Grao Vasco Dao wine in the early 1980s for less than $2 a bottle and thinking "good wine, cheap price." I am thinking the same right now. This wine is incredibly good for the price (about 3 Euros a bottle).
Very deep crimson. Cherries, spice and black pepper. Good depth and concentration plus flavor interest that just keeps growing. A unique aroma and flavor profile but, otherwise, reminds me of a good Cotes du Rhone Villages or Gigondas.