The monastery, situated on the point known as the Cape of Saint Andrea, is dedicated to Saint Andrew (Apostle Andreas). Information about the saint whom the monastery has been named after comes from the holy books. As he was the first person to be called for induction to priesthood by Christ, his title was Protoklitos meaning, the one first called. The room under the modern church in which there are wells containing drinking water is thought to have been a chapel belonging to the old monastery buildings. On the bust in the courtyard of the monastery the monastery is stated to have been built by Pope Ionnis Oicoromus.
Both Turks and Greeks consider the monastery a holy place; it is visited by many people for votive prayers. The contents of the monastery are also noteworthy.