This peaceful mountain village is located about 10 kilometres from Thassos Town and 27 kilometres from Skala Prinos. It is a lovely community that retains much of its old tradition. This is why many of the tourists that visit the village fall in love with it, some of them even buying a home and moving here to enjoy the simplicity of life it has to offer.

     The mostly cobblestone streets are narrow and twist through the village, many of them only wide enough for mopeds to get through. When these streets were built, automobiles didn't even exist, so cars are limited to a small number of streets that were built in modern years that mainly go around and into the village from different directions. Panagia is one of the most history-rich villages on the island and it also maintains its extraordinary and influential religious background.

     Every year on the first day of Lent, otherwise known as Clean Monday, or "Kathari Theftera", a large festival is held. People will start gathering, many in costume, and they start eating, drinking and dancing as they wait for the parade to begin. The wine is free and food is available for  very low cost as well.

     The parade starts about 2pm and lasts for about one and a half hours. The parade is made up of mostly locals dressed in costumes, floats, and dancers. Each float in the parade is different and has its own theme, and most all of them make fun in Greek rhymes of current events and situations  depicting the politics and life of Greek society in general as well as other international events. These satirical verses and the performers' costumes get quite amusing for the spectators, whom you hear roaring in laughter many times.

     As in the village of Potamia the day before, the party will continue after the parade ends. This is the last day of the Carnival.

     Apart from Panagia's fascinating history and festiv celebrations, it is truly a remarkable place to visit. There are springs of crystalline water that run down the mountain and and are guided through the village by canals that captivate anyone who sees them. The water is very cold and very clean, perfect for soothing your thirst on a hot Summer day. The fountains are musical and are surrounded by traditional houses with roofs made of slate, or thin gray rock, abundant on Thassos. The architectural style of buildings here is far different from all the rest of the towns and villages on Thassos.

     Just 4 kilometres away in Skala Panagia , you can enjoy a swim at Golden Beach, or "Chrissi Ammoudia". You will also have the option of taking trails from Panagia up to a cave which still has not been entirely explored, or enjoy a long hike up to the peak of Mount Ipsario, the tallest mountain on Thassos. It's height soars 1204 meters, or 3950 feet above sea level.