The Monastery was established at the end of the 18th century by
three Mount Athos monks - Averkio, Gervasio and Serapiona - in
the pre-existing chruch of the Virgin (Panaghia). The Monastery
is located in the village Armolia, where the church of the
Virgin Mary had been previously constructed. With the time, the
Monastery became an important spiritual center of the southern
villages. During the Massacre of Chios (1822), the Monastery was
destroyed and got renovated in 1828. Today, there is only one
monk living in the Monastery.