Easy as 1, 2, 3...
Ready, set, here we go....
You need:
1 can sweetened condensed milk
1 can milk
(when condensed milk can is emptied, measure the milk in this can.)
2 eggs
4 tablespoons of caramel
Preheat oven to 350*F
In an oven safe tray that is a bit deeper and bigger then the cake pan, put water and place in oven.
In a blender, combine the sweetened condensed milk, the milk, and the eggs and blend for a few seconds. Just until all ingredients are well blended.
In a Bundt pan, or any cake pan, spray with "pam" spray. Pour the 4 tbsp. of caramel in the cake pan and pour mixture into the pan over the caramel. Cover tightly with aluminum foil. Place cake pan inside tray with water in the oven.
The idea is for the cake pan to be surrounded by the water so the Pudim/Flan can cook by steam. The water shouldn't be entering the cake pan and it should be enough water not to evaporate.
Cook in oven for one hour to an hour and a half until when you stick a knife in the pudim/flan it looks and feels like 'Jell-O'. Once cooked, let cool completely. Best if placed in fridge over night.
Flip it over and enjoy!