The story goes that, in the 10th century, a shepherd discovered the image of the Virgin in the bushes, and thus the religious community's interest in the monastery was rekindled.

By the beginning of the 17th century, the monastery was functioning; this occurred after the Turkish authorities, in 1609, granted permission to rebuild what was a dilapidated church in Platanos.

In the following years, Agios Nilos the Myrovlitis (born Nikolaos Terzakis, †1651) became a monk at the monastery; he later became an ascetic on Mount Athos.

During the years of the Revolution of 1821, the abbot of the monastery, Kallinikos Tsiamouris, became a member of the Filiki Eteria, and, as a doctor, helped many fighters, and Dimitrios Ypsilantis.

In the upper part of the courtyard area, a Byzantine-style church dedicated to the Virgin Mary has recently been built.