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South America is famous for many reasons and amongst history lovers, for its many lost and abandoned cities. Since they have been rediscovered, they are among some of the most remarkable archaeological remains in the world. One of the most important historic sites in Venezuela is the ruined town of Nueva Cádiz, one of the first Spanish urban centers in the Americas. The Prosperity and the Collapse of Nueva Cádiz The settlement was established on the island of Cubagua, the smallest of the three islands of the Venezuelan state of Nueva Esparta, which lie off the Caribbean coast of Venezuela. Although Cubagua is low-lying, arid and without fresh water, the waters around the island were rich in pearls. It was