Ancient Arcadia or Arcades was a town that is believed to have been built near the village Afrati. Archaeological excavations in 1924 unearthed an ancient houses and necropolis of the 7th-9th centuries BC with vaulted tombs.
The city had strong alliances in the 2nd BC century. It minted its own currency, many coins of which were found at the site. The coins depictthe head of Zeus on one side and the head of Athena and the inscription ΑΡΚΑΔΩΝ on the other.