 In August 1992 he joined 1.FC Nürnberg in the Bundesliga, appearing in slightly more of the league's matches but scoring four goals in five games in October/November 1992 – three of those in 2–1 wins – as the Bavarian club barely retained its division status, finishing in 13th position but only two points clear of the relegation zone.Subsequently, Olivares signed for CD Tenerife in Spain, being sparingly used in two-and-a-half La Liga seasons (no games whatsoever in his last, with the Canary Islands team qualifying for the UEFA Cup) and partnering compatriot José del Solar.