A film set in the Basque region, beginning in the Carlist war of 1875 and ending during the Spanish Civil war of 1936. The film portrays how one single act of cowardice shapes the life of the next three generations of two families and fuels the intense rivalry which will span the next sixty-one years.
Two strangers flee from their past and settle in an urbanization on the Cádiz coast. There, hundreds of kilometers from Madrid, they try to rebuild their lives, even though the memories are still very strong.
Twenty years after having talked about death, the world and their problems in "El desencanto", the Panero brothers reflect about their actual situation at the moment and what has happened since the last movie.