The monastics support themselves by painting icons and cultivating olive trees and other small-scale agricultural products.

The Skete is in possession of some 200 ancient manuscripts in its library and 500 old printed books, in addition to many relics.

Recently, concerns have started to arise over the longevity of the original Katholikon built in 1760 because of its precarious position next to a cliff overlooking the sea.

Landslides caused by weather erosion have begun to threaten the foundation of the church and have led to concerns.

The Skete was founded on 15 March 1753,[4] at the request of some monks who already lived there, with the name of either Saint Benedict or Holy Cross.