The Olive Tree
MediterraneanKnown for its fresh ingredients and stunning sea views.
Pegasus is a 2-star hotel in Masouri, Greece. Rated 8.2 out of 10 based on 135 guest reviews.
Pegasus is a simple, family-friendly 2-star stay in Masouri, Kalimnos, Greece, set around the Masouri square area where daily life and local dining are close at hand. The property is geared toward budget travelers who want practical comfort, with air conditioning in the studios and free wired internet for keeping in touch. Many guests appreciate the terrace and the quiet moments it allows between beach trips, while the Japanese garden provides a distinctive, calm backdrop on-site. For stays that call for flexibility, the in-studio kitchenette setup makes it easier to handle breakfast or simple meals without relying entirely on restaurants.
Recent guest feedback (rated 8.2/10 from 135 reviews) points to a welcoming, straightforward experience rather than luxury, with travelers often highlighting the value and the ease of settling in. Families in particular mention the suitability for children and the convenience of being based in Masouri, where you can move between the waterfront and nearby attractions without complicated transfers. Road-trip friendly travelers also tend to like the option to arrange car hire through the hotel, even though parking is not available on-site.
If you’re looking to pair your stay with sightseeing, Grande Grotta is roughly 3 km away and Mousses Beach is about 4 km from Pegasus, while Telendos sits around 2 km across the water. This is best for families and couples who want an uncomplicated base in Masouri, plus the ability to balance beach days with self-catering and simple comfort.
Pegasus is a decent option for budget travelers who prioritize location over luxury, but be aware of its limitations due to the 2-star rating.
Upon arrival, the warm breeze from the Aegean Sea greets you as you step into the quaint lobby. The central location buzzes with life, with shops and bars just a short stroll away. In the morning, enjoy a coffee on your balcony overlooking the garden, taking in the tranquil views of Telendos island. A quick walk to the nearby beach allows you to soak in the sun and enjoy the beach toys provided, making for a relaxing start to your day.
Pegasus is centrally located in Masouri square, just 30 meters from various shops, bars, and restaurants, making it easy to explore the area on foot. The beachfront access allows for quick trips to the sea, while public transport options are likely available nearby for further exploration of Kalimnos.
Rooms start from 47 EUR per night, with a yearly average of 52 EUR. April offers the best rates, though pricing remains relatively stable year-round. Booking ahead is still recommended for peak season.









Top dining spots near Pegasus
Known for its fresh ingredients and stunning sea views.
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Offers authentic Greek dishes right by the beach.
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A local favorite for its hearty portions and warm atmosphere.
Famous for its grilled meats and local wines.
A perfect spot for coffee and pastries with a sea view.
Yes, Pegasus is family-friendly and offers amenities that cater to families, including spacious studios with kitchenettes.
Check-in at Pegasus is from 02:00 PM to 12:00 AM, and check-out is at 11:30 AM.
Pegasus is located approximately 4 km from Kalymnos Island National Airport, making it easily accessible for travelers.
Unfortunately, Pegasus does not have parking available for guests.
Guests can visit nearby attractions such as Grande Grotta, Mousses, and the beautiful beaches of Masouri, all within a few kilometers.
Yes, Pegasus is just a short walk away from Masouri Beach, offering easy access to the seaside.
Pegasus features essential amenities such as air conditioning, free wired internet, and a lovely terrace for relaxation.
Absolutely, Pegasus is a budget-friendly option with comfortable accommodations and convenient access to local attractions.
No parking available.
Children of any age are allowed.Children up to and including 1 year old stay for free when using an available cot.You haven't added any extra beds.Any type of extra bed or child's cot/crib is upon request and needs to be confirmed by management.
Pets are not allowed.
WiFi is available in the hotel rooms and is free of charge.
135 reviews
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