This building is known in our country for housing the clock with the bell that rings in the last minute of the year so that all Spaniards can eat twelve grapes to have twelve months of good luck. There are two theories about the origin of this tradition, the oldest dating back to the late 19th century tells that the Spanish bourgeois class used to come to this square on New Year's Eve to eat grapes and sparkling wine imitating the French upper classes. The second theory explains how in the year 1909 there was a surplus in the harvest of white grapes from Alicante and this original custom was created to sell them.