Punta Arenas is located on a Peninsula north of the Strait of Magellan. It is the capital and largest city of Chile's southernmost region, with a population of around 125,000.
We did not get a chance to visit the city at all, as we boarded a catamaran to go to Magdalena Island. It is home to over 100,000 Magellanic penguins. Unfortunately at this time of the year, most of them had migrated to Antarctica for the summer, and there were a lot more gulls than penguins. It was a bit of a disappointment after visiting Volunteer Point in the Falklands.