It is part of the municipality of North Kynouria and is considered a traditional settlement.

It is built on the northern part of the coast of Arcadia in the eastern Peloponnese.

Paralio Astros possesses beaches and a harbour (renovated in 2015) which can accommodate small ships.

A medieval Frankish fortress commands the heights of a peninsula called "The Island" which juts out to form the harbour.

It is a popular vacation spot for inhabitants of Tripoli and other parts of Greece.