This Tuesday marks the 498th anniversary of the founding of Panama City. It was a 15 of August but of 1519 when Pedro Arias De Ávila founded Panama City.
The historical monumental complex Panama La Vieja, designated as such by Law 91 of December 1976, comprises the ruins of the first European settlement on the American Pacific coast.
It was the head office of the representatives of the Crown and the Catholic Church. Panama played a strategic role as the hub of trade routes at that time. In 1671, Panama City was destroyed in the attack of English pirate Henry Morgan, and was never rebuilt. This episode led to the construction of other cities near Cerro Ancón, now Casco Antiguo.
The monumental complex comprises about 28 hectares that include both the ruins of some of the most important buildings of the colonial period, as well as the archaeological remains of the pre-Hispanic and colonial periods.
On 5 July 2003, the UNESCO World Heritage Committee included the Old Panama Archaeological Site on the World Heritage List as an extension of the Historic District of Panama.