It seems unlikely that local magnetic anomalies have any practical effect on flamenco guitars or sound they make, but it will be unknown whether they do until such time as practical effects may be found to exist or not. The main thrust of science is investigating and trying to understand unknowns and to those with strong interest in science both theoretical and practical investigation of any unknown is fascinating. Few if any questions are too preposterous to raise, because throughout history scientific findings have repeatedly seemed utterly absurd, ridiculous or contrary to common sense.
Lines on the map below show changes in magnetic declination around the earth between the years 1590 and 1990. If someone was located on a line labeled 20, for example, their magnetic compass would point 20 degrees east of True North or if on a line labeled -20, would point 20 degrees west of True North. Note that the magnetic declination in Spain changed more that 30 degrees over those years.

- Earth_Magnetic_Field_Declination_from_1590_to_1990.gif (3.25 MiB) Viewed 262 times
Aeronautical and marine pilots and navigators have to continually compensate for magnetic declination changes as their positions change around the globe. The changes are important enough and rapid enough over time that magnetic declination lines are updated twice per year on aeronautical charts (
I don't know the marine chart update frequency). In addition to these relatively large-scale magnetic field variations around the earth there are many relatively-strong localized magnetic anomalies, such as in south-western Oregon. Special local magnetic anomaly warnings are printed on navigation charts in those areas so pilots and navigators can know that magnetic compass indications are not reliable.
-Bob