It is situated at the northern extremity of the bay named after it (Παγασητικὸς κόλπος, or Latin: Pagasaeus Sinus).
[4][5][2][6] Pagasae is celebrated in mythology as the port where Jason built the ship Argo, and from which he sailed upon his adventurous voyage: hence some of the ancients derived its name from the construction of that vessel, (from πήγνυμι), but others from the numerous and abundant springs which were found at this spot.
[8] Pagasae was conquered by Philip II of Macedon after the defeat of Onomarchus; in Diodorus's report the place is spelt Παγαί - Pagaí.
The acropolis occupied the summit of some rocky heights above Cape Angkístri, and at the foot of the rocks are many copious sources of water, of which Strabo speaks.
But as these springs are rather saline to the taste, the city was provided in the Roman times with water from a distance by means of an aqueduct, the ruined piers of which are still a conspicuous object.