This was built on the hillside where La Alcazaba was erected. Its remains were discovered in the fifties, after being buried for centuries. After this, it was finally partially rebuilt on the remains of the theater, housing the House of Culture, former Municipal Archives and Library. It was not until the nineties, when the library was demolished completely, that its restoration continued. It can be visited from Tuesday to Sunday, and is closed on Mondays.
The place is fascinating and the story behind it is too. The most comprehensive study that has been published on the subject is a recent book by Francisco Ortiz Lozano, "Bobastro Perdition City", which is interesting and very entertaining. At http://vimeo.Com/12308187 you can see an interview with the author. At http://www.Youtube.Com/watch?V=NcDgZQ0BJ9M you can see the same interview, divided into installments.
The ruins of this convent are worth visiting. They were once called "Nuestra Señora de la Consolación de las Algaidas", founded by Don Pedro Téllez Girón in 1566. The monastery is in ruins, but there is a sign that mentions its imminent restoration. It is open to guests, although it isn't advisable to go inside as it is in very poor condition and can be dangerous, but even from the outside, you can see remnants of everyday life in the convent, such the bread oven that is outside and the various rooms including the cloister.