Founded in 1978 as Club Atlético Fátima, it played its last season in Tercera División - Group 1, holding home games at Estadio Multiusos de San Lázaro, with a capacity of 13,000 seats.

Its first president was Manuel Paz Nogueira, and the new club would have lower categories within its initial purpose, the soccer education of the youth of the city.

The club converted to Sociedad Anónima Deportiva in a vote and was renamed Ciudad de Santiago from the 2005–06 season.

In the 2008–09 season, the team finished in 13th position in Segunda División B, but in August was relegated to the fourth level, for failing to pay its players their due salaries.

[1] On 29 December, it didn't take the pitch against Coruxo FC due to economic problems, thus being disqualified from the competition, and folding soon after.