White grape

Moscatel de Setúbal

Portugal's Golden Nectar

Moscatel de Setúbal is grown in Setúbal, Palmela and Arrábida.

Tastes of
orange blossom, honey, dried apricot and caramel
Goes with
queijadas, blue cheese and crème brûlée
Also called
Muscat of Setúbal, Moscatel Roxo

Where it grows

Also Setúbal and Arrábida

The story

Moscatel de Setúbal is Portugal's greatest fortified Muscat—a wine that ages for decades.

Insider story

José Maria da Fonseca has the oldest Moscatel solera—some wine is over 100 years old.

Technical deep dive

Fortified Muscat aged in barrel, developing extraordinary complexity.

Flavor profile: dried apricot, orange peel, honey, caramel, nuts, spice.

Industry secrets

Old Moscatel de Setúbal rivals Madeira for complexity.

The wine is criminally undervalued.

For collectors

Investment grade B

Auction records
JMF old examples ($100-300)
Blue-chip producers
  • José Maria da Fonseca
  • Bacalhôa
Value picks
Moscatel de Setúbal 10-year ($20-35)
Price trend
Stable. Undervalued.
Collector’s tip
Old examples age indefinitely.

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