| # | Rider | Team | Time | Gap |
|---|---|---|---|---|
| 1 | Seguros Liberty | 04:54:37 | 04:54:37 | |
| 2 | Tavira Palmeiras Resort - | + 01:40 | + 01:40 | + 01:40 |
| 3 | Seguros Liberty | + 02:45 | + 02:45 | + 02:45 |
| 4 | Seguros Liberty | + 03:07 | + 03:07 | + 03:07 |
| 5 | Seguros Liberty | + 04:38 | + 04:38 | + 04:38 |
| 6 | Benfica | + 04:41 | + 04:41 | + 04:41 |
| 7 | Moveis Fercase - Rota Dos | + 04:57 | + 04:57 | + 04:57 |
| 8 | Loule Centro Ciclismo de | + 04:57 | + 04:57 | + 04:57 |
| 9 | Seguros Liberty | + 04:57 | + 04:57 | + 04:57 |
| 10 | Beef Scott - American | + 05:43 | + 05:43 | + 05:43 |
| 11 | Benfica | + 05:43 | + 05:43 | + 05:43 |
| 12 | H30 Garmin-chipotle P/b | + 05:57 | + 05:57 | + 05:57 |
| 13 | Boavista Madeinox - | + 06:16 | + 06:16 | + 06:16 |
| 14 | Siper Barbot - | + 07:17 | + 07:17 | + 07:17 |
| 15 | Murcia Contentpolis - | + 07:17 | + 07:17 | + 07:17 |
| 16 | Benfica | + 07:17 | + 07:17 | + 07:17 |
| 17 | Murcia Contentpolis - | + 07:17 | + 07:17 | + 07:17 |
| 18 | Cofidis | + 07:17 | + 07:17 | + 07:17 |
| 19 | Siper Barbot - | + 07:20 | + 07:20 | + 07:20 |
| 20 | Beef Scott - American | + 07:20 | + 07:20 | + 07:20 |
| 21 | Beef Scott - American | + 07:20 | + 07:20 | + 07:20 |
| 22 | H30 Garmin-chipotle P/b | + 07:37 | + 07:37 | + 07:37 |
| 23 | Tavira Palmeiras Resort - | + 07:37 | + 07:37 | + 07:37 |
| 24 | Tavira Palmeiras Resort - | + 07:48 | + 07:48 | + 07:48 |
| 25 | Moveis Fercase - Rota Dos | + 07:55 | + 07:55 | + 07:55 |
| 26 | Moveis Fercase - Rota Dos | + 08:40 | + 08:40 | + 08:40 |
| 27 | Barloworld | + 08:45 | + 08:45 | + 08:45 |
| 28 | Extremadura | + 08:47 | + 08:47 | + 08:47 |
| 29 | Beef Scott - American | + 08:47 | + 08:47 | + 08:47 |
| 30 | Tavira Palmeiras Resort - | + 08:47 | + 08:47 | + 08:47 |
| 31 | Agritubel | + 08:47 | + 08:47 | + 08:47 |
| 32 | Loule Centro Ciclismo de | + 08:56 | + 08:56 | + 08:56 |
| 33 | Extremadura | + 08:59 | + 08:59 | + 08:59 |
| 34 | Lampre | + 08:59 | + 08:59 | + 08:59 |
| 35 | Docce Ceramica Flaminia-bossini | + 09:05 | + 09:05 | + 09:05 |
| 36 | Benfica | + 09:35 | + 09:35 | + 09:35 |
| 37 | H30 Garmin-chipotle P/b | + 10:02 | + 10:02 | + 10:02 |
| 38 | Barloworld | + 10:27 | + 10:27 | + 10:27 |
| 39 | Moveis Fercase - Rota Dos | + 10:27 | + 10:27 | + 10:27 |
| 40 | Agritubel | + 10:30 | + 10:30 | + 10:30 |
| 41 | Boavista Madeinox - | + 10:33 | + 10:33 | + 10:33 |
| 42 | Siper Barbot - | + 10:51 | + 10:51 | + 10:51 |
| 43 | Loule Centro Ciclismo de | + 11:58 | + 11:58 | + 11:58 |
| 44 | Boavista Madeinox - | + 11:58 | + 11:58 | + 11:58 |
| 45 | H30 Garmin-chipotle P/b | + 12:50 | + 12:50 | + 12:50 |
| 46 | Tavira Palmeiras Resort - | + 12:50 | + 12:50 | + 12:50 |
| 47 | Tavira Palmeiras Resort - | + 12:50 | + 12:50 | + 12:50 |
| 48 | Agritubel | + 12:54 | + 12:54 | + 12:54 |
| 49 | Extremadura | + 12:54 | + 12:54 | + 12:54 |
| 50 | Moveis Fercase - Rota Dos | + 12:54 | + 12:54 | + 12:54 |
| 51 | Docce Ceramica Flaminia-bossini | + 14:54 | + 14:54 | + 14:54 |
| 52 | Moveis Fercase - Rota Dos | + 14:56 | + 14:56 | + 14:56 |
| 53 | Beef Scott - American | + 15:04 | + 15:04 | + 15:04 |
| 54 | Moveis Fercase - Rota Dos | + 16:00 | + 16:00 | + 16:00 |
| 55 | Boavista Madeinox - | + 16:00 | + 16:00 | + 16:00 |
| 56 | Tavira Palmeiras Resort - | + 16:00 | + 16:00 | + 16:00 |
| 57 | Beef Scott - American | + 16:00 | + 16:00 | + 16:00 |
| 58 | Benfica | + 17:25 | + 17:25 | + 17:25 |
| 59 | Siper Barbot - | + 18:28 | + 18:28 | + 18:28 |
| 60 | Benfica | + 21:44 | + 21:44 | + 21:44 |
| 61 | Benfica | + 21:44 | + 21:44 | + 21:44 |
| 62 | Loule Centro Ciclismo de | + 21:44 | + 21:44 | + 21:44 |
| 63 | Lampre | + 36:05 | + 36:05 | + 36:05 |
| 64 | Murcia Contentpolis - | + 36:05 | + 36:05 | + 36:05 |
| 65 | Boavista Madeinox - | + 21:44 | + 21:44 | + 21:44 |
| 66 | Beef Scott - American | + 21:44 | + 21:44 | + 21:44 |
| 67 | Benfica | + 21:44 | + 21:44 | + 21:44 |
| 68 | Siper Barbot - | + 21:44 | + 21:44 | + 21:44 |
| 69 | Cofidis | + 21:44 | + 21:44 | + 21:44 |
| 70 | Xacobeo-galicia | + 21:44 | + 21:44 | + 21:44 |
| 71 | Extremadura | + 21:44 | + 21:44 | + 21:44 |
| 72 | Seguros Liberty | + 23:27 | + 23:27 | + 23:27 |
| 73 | Lampre | + 27:38 | + 27:38 | + 27:38 |
| 74 | Agritubel | + 28:31 | + 28:31 | + 28:31 |
| 75 | Loule Centro Ciclismo de | + 28:31 | + 28:31 | + 28:31 |
| 76 | Murcia Contentpolis - | + 28:31 | + 28:31 | + 28:31 |
| 77 | Tavira Palmeiras Resort - | + 28:31 | + 28:31 | + 28:31 |
| 78 | Seguros Liberty | + 28:31 | + 28:31 | + 28:31 |
| 79 | Murcia Contentpolis - | + 28:31 | + 28:31 | + 28:31 |
| 80 | Boavista Madeinox - | + 28:31 | + 28:31 | + 28:31 |
| 81 | Barloworld | + 28:31 | + 28:31 | + 28:31 |
| 82 | Barloworld | + 28:31 | + 28:31 | + 28:31 |
| 83 | Xacobeo-galicia | + 28:31 | + 28:31 | + 28:31 |
| 84 | Cofidis | + 28:31 | + 28:31 | + 28:31 |
| 85 | Boavista Madeinox - | + 28:31 | + 28:31 | + 28:31 |
| 86 | H30 Garmin-chipotle P/b | + 28:31 | + 28:31 | + 28:31 |
| 87 | Seguros Liberty | + 28:31 | + 28:31 | + 28:31 |
| 88 | Moveis Fercase - Rota Dos | + 28:31 | + 28:31 | + 28:31 |
| 89 | Docce Ceramica Flaminia-bossini | + 28:31 | + 28:31 | + 28:31 |
| 90 | Loule Centro Ciclismo de | + 28:31 | + 28:31 | + 28:31 |
| 91 | Agritubel | + 28:31 | + 28:31 | + 28:31 |
| 92 | Boavista Madeinox - | + 28:31 | + 28:31 | + 28:31 |
| 93 | Loule Centro Ciclismo de | + 28:31 | + 28:31 | + 28:31 |
| 94 | Tavira Palmeiras Resort - | + 28:31 | + 28:31 | + 28:31 |
| 95 | Cofidis | + 28:31 | + 28:31 | + 28:31 |
| 96 | Siper Barbot - | + 28:31 | + 28:31 | + 28:31 |
| 97 | Docce Ceramica Flaminia-bossini | + 28:31 | + 28:31 | + 28:31 |
| 98 | Moveis Fercase - Rota Dos | + 28:31 | + 28:31 | + 28:31 |
| 99 | Xacobeo-galicia | + 28:31 | + 28:31 | + 28:31 |
| 100 | Xacobeo-galicia | + 31:45 | + 31:45 | + 31:45 |
| 101 | Barloworld | + 32:43 | + 32:43 | + 32:43 |
| 102 | Murcia Contentpolis - | + 33:20 | + 33:20 | + 33:20 |
| 103 | Extremadura | + 33:43 | + 33:43 | + 33:43 |
| 104 | Xacobeo-galicia | + 35:13 | + 35:13 | + 35:13 |
| 105 | Agritubel | + 35:52 | + 35:52 | + 35:52 |
| 106 | Seguros Liberty | + 35:52 | + 35:52 | + 35:52 |
| 107 | Loule Centro Ciclismo de | + 35:52 | + 35:52 | + 35:52 |
| 108 | Lampre | + 35:52 | + 35:52 | + 35:52 |
| 109 | Lampre | + 35:52 | + 35:52 | + 35:52 |
| 110 | Barloworld | + 35:52 | + 35:52 | + 35:52 |
| 111 | H30 Garmin-chipotle P/b | + 35:52 | + 35:52 | + 35:52 |
| 112 | Barloworld | + 35:52 | + 35:52 | + 35:52 |
| 113 | Lampre | + 35:52 | + 35:52 | + 35:52 |
| 114 | Lampre | + 35:52 | + 35:52 | + 35:52 |
| 115 | Extremadura | + 35:52 | + 35:52 | + 35:52 |
| 116 | Siper Barbot - | + 35:52 | + 35:52 | + 35:52 |
| 117 | H30 Garmin-chipotle P/b | + 35:52 | + 35:52 | + 35:52 |
| 118 | Benfica | + 35:52 | + 35:52 | + 35:52 |
| 119 | Siper Barbot - | + 35:52 | + 35:52 | + 35:52 |
| 120 | Cofidis | + 35:52 | + 35:52 | + 35:52 |
| 121 | Extremadura | + 35:52 | + 35:52 | + 35:52 |
| 122 | Murcia Contentpolis - | + 35:52 | + 35:52 | + 35:52 |
| 123 | Agritubel | + 35:52 | + 35:52 | + 35:52 |
| 124 | Xacobeo-galicia | + 35:52 | + 35:52 | + 35:52 |
| 125 | Cofidis | + 35:52 | + 35:52 | + 35:52 |
| 126 | Docce Ceramica Flaminia-bossini | + 35:52 | + 35:52 | + 35:52 |
| 127 | Agritubel | + 35:52 | + 35:52 | + 35:52 |
| 128 | Docce Ceramica Flaminia-bossini | + 35:52 | + 35:52 | + 35:52 |
| 130 | Cofidis | + 35:52 | + 35:52 | + 35:52 |
| 131 | Beef Scott - American | + 35:52 | + 35:52 | + 35:52 |
| 132 | Beef Scott - American | + 35:52 | + 35:52 | + 35:52 |
| 133 | Barloworld | + 35:52 | + 35:52 | + 35:52 |
| 134 | Docce Ceramica Flaminia-bossini | + 35:52 | + 35:52 | + 35:52 |
| 135 | Murcia Contentpolis - | + 35:52 | + 35:52 | + 35:52 |
| 136 | Xacobeo-galicia | + 35:52 | + 35:52 | + 35:52 |
| 137 | Agritubel | + 35:52 | + 35:52 | + 35:52 |
| 138 | Docce Ceramica Flaminia-bossini | + 35:52 | + 35:52 | + 35:52 |
| 139 | Loule Centro Ciclismo de | + 35:52 | + 35:52 | + 35:52 |
| 140 | Murcia Contentpolis - | + 35:52 | + 35:52 | + 35:52 |
| 141 | Lampre | + 35:52 | + 35:52 | + 35:52 |
| 142 | Xacobeo-galicia | + 36:05 | + 36:05 | + 36:05 |
| 143 | Xacobeo-galicia | + 49:39 | + 49:39 | + 49:39 |