| # | Rider | Team | Time | Gap |
|---|---|---|---|---|
| 1 | Seguros Liberty | 04:07:30 | 04:07:30 | |
| 2 | Seguros Liberty | + 07 | + 07 | + 07 |
| 3 | Tavira Palmeiras Resort - | + 07 | + 07 | + 07 |
| 4 | Benfica | + 07 | + 07 | + 07 |
| 5 | Seguros Liberty | + 07 | + 07 | + 07 |
| 6 | Beef Scott - American | + 07 | + 07 | + 07 |
| 7 | H30 Garmin-chipotle P/b | + 12 | + 12 | + 12 |
| 8 | Siper Barbot - | + 14 | + 14 | + 14 |
| 9 | Benfica | + 14 | + 14 | + 14 |
| 10 | Boavista Madeinox - | + 14 | + 14 | + 14 |
| 11 | Moveis Fercase - Rota Dos | + 16 | + 16 | + 16 |
| 12 | Loule Centro Ciclismo de | + 16 | + 16 | + 16 |
| 13 | Beef Scott - American | + 20 | + 20 | + 20 |
| 14 | Seguros Liberty | + 24 | + 24 | + 24 |
| 15 | Murcia Contentpolis - | + 37 | + 37 | + 37 |
| 16 | Tavira Palmeiras Resort - | + 40 | + 40 | + 40 |
| 17 | Moveis Fercase - Rota Dos | + 40 | + 40 | + 40 |
| 18 | Boavista Madeinox - | + 40 | + 40 | + 40 |
| 19 | Lampre | + 01:13 | + 01:13 | + 01:13 |
| 20 | Beef Scott - American | + 01:13 | + 01:13 | + 01:13 |
| 21 | Murcia Contentpolis - | + 01:13 | + 01:13 | + 01:13 |
| 22 | Tavira Palmeiras Resort - | + 01:17 | + 01:17 | + 01:17 |
| 23 | Tavira Palmeiras Resort - | + 01:20 | + 01:20 | + 01:20 |
| 24 | Cofidis | + 01:25 | + 01:25 | + 01:25 |
| 25 | H30 Garmin-chipotle P/b | + 01:30 | + 01:30 | + 01:30 |
| 26 | Barloworld | + 01:30 | + 01:30 | + 01:30 |
| 27 | Moveis Fercase - Rota Dos | + 01:30 | + 01:30 | + 01:30 |
| 28 | Moveis Fercase - Rota Dos | + 01:30 | + 01:30 | + 01:30 |
| 29 | Extremadura | + 01:30 | + 01:30 | + 01:30 |
| 30 | Agritubel | + 01:30 | + 01:30 | + 01:30 |
| 31 | Siper Barbot - | + 01:33 | + 01:33 | + 01:33 |
| 32 | Agritubel | + 01:57 | + 01:57 | + 01:57 |
| 33 | Loule Centro Ciclismo de | + 02:06 | + 02:06 | + 02:06 |
| 34 | Boavista Madeinox - | + 02:06 | + 02:06 | + 02:06 |
| 35 | Loule Centro Ciclismo de | + 02:06 | + 02:06 | + 02:06 |
| 36 | Loule Centro Ciclismo de | + 02:06 | + 02:06 | + 02:06 |
| 37 | Benfica | + 02:06 | + 02:06 | + 02:06 |
| 38 | Beef Scott - American | + 02:34 | + 02:34 | + 02:34 |
| 39 | Murcia Contentpolis - | + 02:34 | + 02:34 | + 02:34 |
| 40 | Xacobeo-galicia | + 02:34 | + 02:34 | + 02:34 |
| 41 | Murcia Contentpolis - | + 02:34 | + 02:34 | + 02:34 |
| 42 | Docce Ceramica Flaminia-bossini | + 02:34 | + 02:34 | + 02:34 |
| 43 | Moveis Fercase - Rota Dos | + 02:34 | + 02:34 | + 02:34 |
| 44 | Siper Barbot - | + 02:34 | + 02:34 | + 02:34 |
| 45 | Boavista Madeinox - | + 02:42 | + 02:42 | + 02:42 |
| 46 | H30 Garmin-chipotle P/b | + 02:44 | + 02:44 | + 02:44 |
| 47 | H30 Garmin-chipotle P/b | + 02:44 | + 02:44 | + 02:44 |
| 48 | Xacobeo-galicia | + 02:54 | + 02:54 | + 02:54 |
| 49 | Beef Scott - American | + 02:54 | + 02:54 | + 02:54 |
| 50 | Benfica | + 02:58 | + 02:58 | + 02:58 |
| 51 | Moveis Fercase - Rota Dos | + 02:58 | + 02:58 | + 02:58 |
| 52 | Barloworld | + 03:21 | + 03:21 | + 03:21 |
| 53 | Cofidis | + 03:21 | + 03:21 | + 03:21 |
| 54 | Boavista Madeinox - | + 03:21 | + 03:21 | + 03:21 |
| 55 | Xacobeo-galicia | + 03:26 | + 03:26 | + 03:26 |
| 56 | Loule Centro Ciclismo de | + 03:26 | + 03:26 | + 03:26 |
| 57 | Benfica | + 03:51 | + 03:51 | + 03:51 |
| 58 | Barloworld | + 03:53 | + 03:53 | + 03:53 |
| 59 | Boavista Madeinox - | + 03:53 | + 03:53 | + 03:53 |
| 60 | Benfica | + 03:53 | + 03:53 | + 03:53 |
| 61 | Cofidis | + 04:01 | + 04:01 | + 04:01 |
| 62 | Cofidis | + 04:01 | + 04:01 | + 04:01 |
| 63 | Agritubel | + 04:01 | + 04:01 | + 04:01 |
| 64 | Lampre | + 04:16 | + 04:16 | + 04:16 |
| 65 | Murcia Contentpolis - | + 04:17 | + 04:17 | + 04:17 |
| 66 | Lampre | + 04:46 | + 04:46 | + 04:46 |
| 67 | Loule Centro Ciclismo de | + 04:50 | + 04:50 | + 04:50 |
| 68 | Agritubel | + 05:04 | + 05:04 | + 05:04 |
| 69 | Agritubel | + 05:04 | + 05:04 | + 05:04 |
| 70 | Xacobeo-galicia | + 05:44 | + 05:44 | + 05:44 |
| 71 | Xacobeo-galicia | + 05:44 | + 05:44 | + 05:44 |
| 72 | Cofidis | + 05:44 | + 05:44 | + 05:44 |
| 73 | Tavira Palmeiras Resort - | + 06:11 | + 06:11 | + 06:11 |
| 74 | Boavista Madeinox - | + 06:17 | + 06:17 | + 06:17 |
| 75 | Tavira Palmeiras Resort - | + 06:17 | + 06:17 | + 06:17 |
| 76 | Loule Centro Ciclismo de | + 06:17 | + 06:17 | + 06:17 |
| 77 | Seguros Liberty | + 06:17 | + 06:17 | + 06:17 |
| 78 | Lampre | + 06:34 | + 06:34 | + 06:34 |
| 79 | Beef Scott - American | + 07:21 | + 07:21 | + 07:21 |
| 80 | Loule Centro Ciclismo de | + 07:21 | + 07:21 | + 07:21 |
| 81 | Barloworld | + 07:21 | + 07:21 | + 07:21 |
| 82 | Agritubel | + 07:21 | + 07:21 | + 07:21 |
| 83 | Barloworld | + 07:21 | + 07:21 | + 07:21 |
| 84 | Moveis Fercase - Rota Dos | + 07:21 | + 07:21 | + 07:21 |
| 85 | Docce Ceramica Flaminia-bossini | + 07:21 | + 07:21 | + 07:21 |
| 86 | Beef Scott - American | + 07:21 | + 07:21 | + 07:21 |
| 87 | Benfica | + 07:21 | + 07:21 | + 07:21 |
| 88 | Seguros Liberty | + 07:43 | + 07:43 | + 07:43 |
| 89 | Seguros Liberty | + 07:43 | + 07:43 | + 07:43 |
| 90 | Tavira Palmeiras Resort - | + 07:43 | + 07:43 | + 07:43 |
| 91 | Seguros Liberty | + 07:43 | + 07:43 | + 07:43 |
| 92 | Extremadura | + 07:43 | + 07:43 | + 07:43 |
| 93 | Siper Barbot - | + 07:43 | + 07:43 | + 07:43 |
| 94 | Benfica | + 07:43 | + 07:43 | + 07:43 |
| 95 | Murcia Contentpolis - | + 07:43 | + 07:43 | + 07:43 |
| 96 | Tavira Palmeiras Resort - | + 07:43 | + 07:43 | + 07:43 |
| 97 | Benfica | + 07:43 | + 07:43 | + 07:43 |
| 98 | Lampre | + 07:43 | + 07:43 | + 07:43 |
| 99 | H30 Garmin-chipotle P/b | + 07:43 | + 07:43 | + 07:43 |
| 100 | Tavira Palmeiras Resort - | + 07:43 | + 07:43 | + 07:43 |
| 101 | Moveis Fercase - Rota Dos | + 07:43 | + 07:43 | + 07:43 |
| 102 | Siper Barbot - | + 07:43 | + 07:43 | + 07:43 |
| 103 | Agritubel | + 07:43 | + 07:43 | + 07:43 |
| 104 | Lampre | + 07:58 | + 07:58 | + 07:58 |
| 105 | Lampre | + 08:05 | + 08:05 | + 08:05 |
| 106 | Loule Centro Ciclismo de | + 09:02 | + 09:02 | + 09:02 |
| 107 | Boavista Madeinox - | + 09:02 | + 09:02 | + 09:02 |
| 108 | Boavista Madeinox - | + 09:02 | + 09:02 | + 09:02 |
| 109 | H30 Garmin-chipotle P/b | + 11:06 | + 11:06 | + 11:06 |
| 110 | Agritubel | + 11:06 | + 11:06 | + 11:06 |
| 111 | H30 Garmin-chipotle P/b | + 11:06 | + 11:06 | + 11:06 |
| 112 | Docce Ceramica Flaminia-bossini | + 11:06 | + 11:06 | + 11:06 |
| 113 | Docce Ceramica Flaminia-bossini | + 11:06 | + 11:06 | + 11:06 |
| 114 | Docce Ceramica Flaminia-bossini | + 11:06 | + 11:06 | + 11:06 |
| 115 | Barloworld | + 11:06 | + 11:06 | + 11:06 |
| 116 | Barloworld | + 11:06 | + 11:06 | + 11:06 |
| 117 | Xacobeo-galicia | + 11:06 | + 11:06 | + 11:06 |
| 118 | Extremadura | + 11:06 | + 11:06 | + 11:06 |
| 119 | Seguros Liberty | + 11:25 | + 11:25 | + 11:25 |
| 120 | Moveis Fercase - Rota Dos | + 12:15 | + 12:15 | + 12:15 |
| 121 | Murcia Contentpolis - | + 12:15 | + 12:15 | + 12:15 |
| 122 | Siper Barbot - | + 12:15 | + 12:15 | + 12:15 |
| 123 | Extremadura | + 12:15 | + 12:15 | + 12:15 |
| 124 | Xacobeo-galicia | + 12:15 | + 12:15 | + 12:15 |
| 125 | Siper Barbot - | + 12:15 | + 12:15 | + 12:15 |
| 126 | Cofidis | + 12:15 | + 12:15 | + 12:15 |
| 127 | Agritubel | + 12:15 | + 12:15 | + 12:15 |
| 128 | Extremadura | + 12:15 | + 12:15 | + 12:15 |
| 129 | Barloworld | + 12:15 | + 12:15 | + 12:15 |
| 130 | Siper Barbot - | + 12:15 | + 12:15 | + 12:15 |
| 131 | Xacobeo-galicia | + 12:15 | + 12:15 | + 12:15 |
| 132 | Docce Ceramica Flaminia-bossini | + 12:19 | + 12:19 | + 12:19 |