We stayed in Nea Monamvasia and our hotel had fantastic views across to the islet, yet was only 10 minutes walking from the entrance. Hotel rooms in Palea Monemvasia were much smaller, no good view and overpriced. The modern village has lots of small tavernas and a beautiful cake shop. The shops in Palea Monemvasia were mostly selling gifts and souvenirs. There were also many restaurants. In fact, we had one of the best meals in the Old Town, service was quick, charming and very reasonable in price.
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