The charter of Enrique IV Curiosity · Olías del Rey, La Sagra, Toledo Image of Olías del Rey, not of the place itself. On 18 January 1458 King Enrique IV granted the residents of Olías the franquicia (exemption), freeing them from having to give anything against their will; an exemption that, combined with its position on the royal road to Toledo and the abundance of water in the area, made Olías an important stopping place. In 1744 Felipe V granted the town the title of villa, after which it came to be called Olías del Rey in recognition of its loyalty during the wars, and its municipal coat of arms bears the monarch's initials F V. Photo: Emiliano García-Page Sánchez from Toledo, España (CC BY-SA 2.0) What to see and do in Olías del Rey