
On March 20, 1597 the city of San Felipe de Portobelo is officially founded by Francisco de Valverde y Mercado. Portobelo became one of the most important points in the transfer of gold and silver because of its system of fairs and galleons. First, Nombre de Dios, and then Portobelo, was established as a convergence center of two trade routes, one from Lima (Peru) on which huge quantities of gold and silver were carried and the other from Seville (Spain) which was the trading capital of the empire.
In their best years, the fairs would last up to 40 days but in more difficult times they would last just about ten or twelve days. Available figures allow us to estimate that about 45 fleets of galleons sailed between 1574 and 1702 and each of them carried at least 30 million pesos. That’s why the city was fortified with three defense levels to prevent any pirate attack, becoming what it is now: a Historical Monumental Complex with civilian and religious samples of colonial era architecture.
Where is it?

Portobelo is located on the Caribbean coast of the province of Colon about halfway between the Panama Canal and the San Blas archipelago.
How to get there?

Portobelo was declared a Historic Monumental Complex by Law 91 of 22 December 1976.