The official founding story of Las Peñas and thus of Puerto Vallarta is that it was founded by Guadalupe Sánchez Torres, his wife Ambrosia Carrillo and some friends such as Cenobio Joya, Apolonio de Robles, Cleofas Peña and Martín Andrade, among others, on December 12, 1851, and was given the name of Las Peñas de Santa María de Guadalupe since it was the day dedicated to the virgin of Guadalupe. Although the purchase record of the property by Guadalupe Sanchez is dated 1859, his family lived there prior to the purchase year. Also even as early as 1850 the area was already peopled by fishermen, pearl divers, smugglers and foragers, all of whom had something of a permanent existence in the area. Given the existing historical documents it is simply impossible to date the first permanent settlement in the area,