The Minoan settlement of Vasiliki is located at the region of the village Vasiliki, province Ierapetra, opposite the exit of the gorge of Ha and relatively close to the Minoan settlement of Gournia, at an elevated point that controlled the isthmus of Ierapetra.
The settlement existed since 2600BC and flourished due to its strategic position and the fertile valley. The main buildings were destroyed by fire in 2300BC and later the were rebuilt on the hilltop. Impressive knowledge of urban planning seems to have been acquired by the Minoans since that era.
The site was first excavated in 1900 by the Americans H. Boyd and R.B. Seager, but the most systematic excavations were made by A. Zois. The excavations have revealed a Minoan mansion (on the hill) with storage rooms and a courtyard.