The '''Karakalou Monastery''' is situated on the southwest side of the Athos Peninsula in northern Greece, between the monasteries of [[Great Lavra (Athos)|Great Lavra]] and [[Iviron Monastery (Athos)|Iviron]]. Karakalou is dedicated to the [[Apostle]]s Paul and Peter. It is ranked eleventh in the hierarchical order of the twenty monasteries located on the [[Mount Athos]] peninsula.