Built in the eighteenth century, the beautiful Ermita de Nuestra Señora de los Remedios is located two kilometres from the village centre. Every year, two weeks after Easter Sunday, the people of Olvera make a pilgrimage to the sanctuary to pay homage to the Virgen de los Remedios. The fiesta is called "Lunes de Quasimodo" and celebrates the end of a severe drought in 1715 after prayers were said to the Virgen. Afterwards, family and friends join together for dancing and music in the nearby olive groves.
In the middle of May since 1935, Olvera holds its annual cattle fair. During a four-day period, local horses, donkeys, and cattle are sold or auctioned to interested buyers.
There are many walking trails, in particular the Via Verde, a 36km long disused railway track from Olvera to Puerto Serrano in the west. With no vehicles allowed, it is an excellent attraction for horse riders, cyclists and hikers alike. There is much wildlife to be seen including impressive griffon vultures, booted eagles and wild mountain goats.
Located in Spain’s prime olive tree country, Olvera is one of the area’s largest producers of olive oil. Olive oil exportation brings in much revenue to the area.
Tourism is limited, but does bring in some revenue, especially during the annual pilgrimage, when the town receives many visitors.
Many farmers and ranchers earn and contribute to Olvera’s economy by breeding cattle, donkeys, and horses. Animal husbandry is one of the most common occupations in Olvera. With many horses and cows in the area, skilled craftsmen and craftswomen work hard making harnesses by hand out of leather.