It was built from 1613 to 1629 by the Franciscan friar Pedro de San Antonio.

Its facade stands out for its sobriety and contrasts with its impressive interior decoration, which consists of tapestries that harmonize with the colors of the walls and vaults.

The beautiful carved and gilded wooden altarpieces, the work of Juan Caballero y Osio, were destroyed during the War of Reform when it was converted into a barracks. Currently, its altarpieces are in Neoclassical style.

The Neptune fountain located at the southern corner of the convent is a work by the famous architect Tres Guerras.