Palanquinos to Albacete trains might be a good value for money solution: travelling in Spain by train is often rather cheap and faster than taking a bus indeed Trains leave from Palanquinos and arrive at Valladolid-Universidad every about 12 hours on average. If travelling with Renfe, you need to know the Palanquinos to Albacete train schedule: the first train leaves at 19:50, while the last ride is at 19:50. A Palanquinos to Albacete train cost about 13.8 €. But how long is the train ride from Palanquinos to Albacete? Your journey takes about 2 hours on average. Renfe offers 1 direct trains between these two cities.