Up until the early 1990s Diakofti had no more than 5 or 6 houses. Even back when the island was governed by the British there were plans to build a harbor and set up a small town. Nothing was erected until 1995, when the island's main harbor started to
operate. Diakofti has been developing ever since. Today, it is one of the busiest places with its beautiful beach, cafés, restaurants, shops and several accommodations.