The Elm Fountain Nature · Villaco, Páramos del Esgueva, Valladolid Image of Villaco, not of the place itself. At 793 metres of altitude, the Fuente del Olmo forms a small natural waterfall that falls from the rock of the moorland; around it there are picnic areas and a viewpoint that takes in the whole valley of the Esgueva at a glance. Photo: Rowanwindwhistler (CC BY-SA 3.0) What to see and do in Villaco