SDI strategy improved technological berry quality and financial efficiency, to the detriment of WUEyield, berry and wine polyphenolic content.
DI strategies (PRI and RDI) increased WUEyield, berry polyphenolic content and wine quality, but at the expense of lower financial efficiency.
The response to PRI depended on the volume of water applied in the wet root zone and the soil total water availability.
PRI-1 improved the long-term yield-quality-WUE response and berry anthocyanin content and was also the most economically profitable.
We identified an optimum irrigation water volume range (134–200 mm year−1) and an optimum range of yield (8000–12,000 kg ha−1) in DI Monastrell vineyards.