The Monastery of Panagia Ipseni is a convent, which is occupied by 15 nuns. It is located near the village Lardos and, as mentioned in the inscription, it was built in 1855 on the ruins of an Early Christian basilica. It was renovated during the 90s and several other spaces were also built. Its feast day is on the 23^rd of August (Afterfeast of the Dormition of the Theotokos).