Punta Arenas or ‘Sandy Point,’ is the most prominent settlement on the Strait of Magellan and the capital of Chile’s Magallanes y la Antártica Chilena Region. Founded in 1848, Punta Arenas was originally a remote military garrison and penal colony. Today, it is the charming gateway for a number of exhilarating experiences viewing the awesome majesty of Torres del Paine with its soaring peaks and rugged beauty .