Venetian rule until the peace of 1502-3, in which it lost its farm lands, source of its food supply and of Malmsey wine. The food had to come by sea or from Turkish-held lands, and the cultivation of wine languished under Turkish rule. The rock was governed by Venetians until the treaty of 1540, which cost the Republic Nauplia and Monemvasia, her last two possessions on mainland Greece. Those inhabitants who did not wish to live under Turkish rule were given lands elsewhere.The Ottomans then ruled the town until the brief Venetian recovery from 1690, then again from 1715 to 1821. It was known as "Menekşe" ("Violet" in Turkish) during Ottoman rule and was a sanjak centre in Mora province. The commercial importance of the town continued until the Orlov Revolt (1770) in the Russo-Turkish War, which saw its importance decline severely. The town was liberated from Ottoman rule on July 23, 1821 by Tzannetakis Grigorakis who entered the town with his private army during the Greek War of Independence
Modern times
In 1971, Monemvasia became linked with the rest of the outside world through a bridge on the western side that connects to GR-86.
In more recent history, the town has seen a resurgence in importance with increasing numbers of tourists visiting the site and the region. The medieval buildings have been restored, and many of them converted to hotels
