Symi is a mountainous Greek Island once known for shipbuilding and sponge industries to the point that the population reached 22.500. Today Symis main industry is the tourism and the population has declined to 2500. Its interior is dotted with small valleys and its coastline alternates between rocky cliffs, beaches and isolated coves. Its main town located in the Northeast coast, is also named Symi and consists of the lower town around the harbor, typically referred to as Yialos and the upper town called Hora. Panormitis is the islands famous monastery which is visited by people from all over the world and many Greeks pay homage to St. Michael of Panormitis each year.