Soak the bread. Place the torn bread in a small bowl and cover with a splash of water. Let it soften while prepping the rest of the ingredients.
Blend everything. Add 3 cups chopped ripe tomatoes, 1 cup chopped cucumber, ¾ cup chopped red bell pepper, 1 garlic clove, 2 tablespoons sherry vinegar, ¼ cup extra virgin olive oil, ½ teaspoon salt, freshly ground black pepper to taste and the soaked bread (squeeze out excess water first) to a blender or food processor. Blend until very smooth.
Add 2 to 4 tablespoons cold water a little at a time if it’s too thick. Taste and adjust. Check for seasoning. Add more salt, vinegar, or water as needed.
Chill the soup in an airtight container and refrigerate for at least 2 to 3 hours, or until very cold. This is an essential step unless your ingredients were very cold when you blended them, and serve the soup right away.
Serve. Stir well and pour into bowls. Garnish with chopped cucumber and chopped tomato with a drizzle of extra virgin olive oil and croutons, or pass them in bowls and have each person garnish to taste.
Notes
For a flavorful and silky gazpacho, use very ripe tomatoes, a good olive oil, use a blender for best results, and chill it for a few hours before serving. Don’t skip the bread; it gives body and smoothness.There's no need to peel the tomatoes, but you can if you want to. You can also strain the mixture before eating it to avoid seeds or bits that might not have dissolved. I never peel them and hardly ever strain gazpacho.