The new Municipality of Monemvasia was created by the "Capodistrias" plan. Its capital is the town of Monemvasia. The settlement of New Monemvasia known as "Gefira" at the entrance to the castle (Kastro) provides tourist facilities for the Castle and the surrounding area. It has many units of accomodation (hotels and apartments to rent) a camping site and a number of tavernas, cafes and bars.

The acropolis of Epidaurus Limeras, today known as Kastraki or Paliokastro, near Aghios Ioannis, is an important arcaeological site. Other sights are the Byzantine churches of Aghios Nikolaos and Elliniko, the Monastery of Himatsa at Aghios Dimitrios, the small island and church of Aghios Phokas, the view at Foutia, as well as Lira, Angelonas, Talanta and the plain of Velies.

For swimming during the hot months there is "Portelo", the beach at Gefira, Petra Kakavos, the beach of Xifias to the south and "Pori" to the north.

Apart from its development as a tourist resort, the Municipality of Monemvasia has very good agricultural products (olive oil, citrus fruit) a small craft industry producing traditional almond sweets, confectionery and sesame sweets of very high quality, as well as hand-made pasta. The local wines are exceptional and some of these are organically produced. In the last few years the Municipality has developed many cultural activities throughout the region. The major event is the local national celebration on the 23rd of July and the History & Art Symposium which takes place around the same time. In May there is the festival of Our Lady Chrysaphitissa.