Alfaguara Prize

The Alfaguara Novel Prize (Spanish: Premio Alfaguara de Novela) is a Spanish-language literary award. The award is one of the most prestigious in the Spanish language.^[1]It includes a prize of US$175,000^[2](about €162,000) making it one of the richest literary prizes in the world. It is sponsored by Alfaguara, a publisher owned by Penguin Random House.

Country Spain

Presented byAlfaguara / Publishing house's editorial team

StatusActive

First award1965 (Reconvened 1998)

Quick facts Country, Presented by ...

Alfaguara Novel Prize
Country	Spain
Presented by	Alfaguara / Publishing house's editorial team
Status	Active
First award	1965 (Reconvened 1998)
Website	https://premioalfaguara.com

Close

The prize was created in 1965 by Alfaguara and continued until 1972. In 1980 Alfaguara was purchased by Grupo Santillana. In 1998 the award was reconvened.

The prize is notable not only for its monetary value but also because the winner receives an original sculpture by the renowned Spanish artist Martín Chirino. The competition requires submitted manuscripts to be original, unpublished works written in Spanish. A key feature of the prize is the simultaneous publication and distribution of the winning novel across almost all Spanish-speaking countries (including Spain, the US Hispanic market, and Latin America), ensuring immediate, widespread reach for the author. Recent winners include Sergio del Molino (2024) and Guillermo Saccomanno (2025).^[3]