This monastery, which belongs to the Greek Orthodox Church and was built by Manulaki Manolidis in 1734, is located in the south of Bozcaada. This monastery was named after the Greek saint Aya Paraskevi, who has an important place in the Orthodox belief, as she is a saint who lived between 138-161 AD. The monastery includes a spacious garden, a double fountain, and is known to be surrounded by huge plane trees. Ayazma Monastery also opens for worship on July 26 of each year, the Greek Paraskevi day, when tables are set up and laid out under the trees, various meals are served, and visitors dance to the fun music.