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Ali Pasha's Treasure
Ioannina, Epirus · Greece
Lost Treasure

Ali Pasha's Treasure

StatusUnfoundTypeBuried cacheEra1780s to 1822
Museum Ali Pasha and Revolutionary Period, Ioannina Island · Tilemahos Efthimiadis, CC BY-SA 2.0

Ali Pasha ruled Epirus from Ioannina for four decades and was killed in January 1822 in a monastery on the island in Lake Pamvotida, where he had taken refuge from the Sultan's troops. The fortune he was said to have hidden before his fall has been searched for ever since. An Italian company dug the area for five years from 1913 and found nothing.

Search Area

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Getting there
Start point
Museum Ali Pasha and Revolutionary Period, on the island
Visitor access
Museum Ali Pasha and Revolutionary Period, Ioannina Island, 45500 Ioannina
Measured from
The monastery of Saint Panteleimon, where Ali Pasha was killed
By boat
Small boats run from the Ioannina city pier near Mavili Square, taking 10 to 15 minutes
On foot
The museum is a few minutes from the island's landing
Nearest town
Ioannina, Epirus

A general search zone, not an exact site. The island and the monastery are the fixed points in a story that otherwise spans a province.

The Legend

Ali Pasha governed Epirus from Ioannina for around 40 years and built a court there that received European travelers, Byron among them. He also built a reputation for violence that outlasted him. When he broke with the Sultan, Ottoman troops besieged Ioannina and took the city.

Ali Pasha withdrew to the island in Lake Pamvotida and took refuge in the monastery of Saint Panteleimon. Ottoman emissaries reached him there in January 1822 and killed him. The rooms he was hiding in are now the Museum Ali Pasha and Revolutionary Period, which has held the collection since 2012.

The treasure is what people looked for afterward. Ali Pasha had ruled a wealthy province for decades and, by the account that has been repeated ever since, hid what he could as his position collapsed. Where is the part nobody agrees on. The stories place it in the lake, in the castle, in the mountains of Epirus, and as far away as Thessaly.

The first organized search followed the liberation of Ioannina in 1913, when an Italian company worked the ground around the city for five years. It found nothing. The searches have continued in a smaller way ever since, most publicly in 2012, when a Greek Australian treasure hunter named Vangelis Dimas funded an excavation in Thessaly.

What May Be Out There

Nothing in the case has ever been pinned to a place, which is why the search area is a province rather than a site.

  • Coin and bullion from four decades of revenue from Epirus.
  • Court valuables from the palace at Ioannina, dispersed when the city fell.
  • Caches said to be in the lake itself, in the castle, or in the mountains inland.
  • Recovered so far: nothing that has been shown to be Ali Pasha's.

The Evidence

Documented record

  • Ali Pasha's rule at Ioannina, his break with the Sultan, and the siege of the city.
  • His death on the island in January 1822, in the monastery of Saint Panteleimon.
  • The five year excavation by an Italian company beginning in 1913.
  • The 2012 excavation in Thessaly funded by Vangelis Dimas.

Legend and hearsay

  • The size of the fortune, which no account agrees on.
  • The claim that it went into Lake Pamvotida ahead of the siege.
  • The various locations across Epirus, western Greece, and Thessaly offered over two centuries.

Known Clues

The island itself. Ali Pasha chose it as his last refuge, which is the reason it appears in every version of the story. The monastery where he died stands, and the museum in it holds around 6,000 items including weapons and personal belongings.

The 1913 excavation. An Italian company working the ground for five years without result is the strongest negative evidence the case has. It tells you the obvious places around Ioannina were dug over a century ago.

The spread of the claims. A treasure story that places its object in a lake, a castle, a mountain range, and a region several days' travel away is a story that has lost its source. Each new location has arrived without displacing the last.

Visiting Information

The island in Lake Pamvotida has no name of its own and no cars. Small boats run to it from the Ioannina city pier near Mavili Square, below the castle walls, and the crossing takes 10 to 15 minutes with fares around 2 euros. Boats run often enough through the day that waiting is rarely long.

The Museum Ali Pasha and Revolutionary Period is a few minutes' walk from the landing, next to the monastery of Saint Panteleimon, and occupies the rooms where Ali Pasha sheltered and was killed in 1822. It has held its collection of around 6,000 items, including weapons and personal belongings, since 2012. Hours vary by season and it is worth confirming before crossing.

The island is also a working village with tavernas along the water. The castle of Ioannina on the lakefront, with its own museums, is on the way to or from the pier and makes an easy pairing.

Reality Check

How likely is this to be real?
Strong historical basisPlausible but unverifiedMostly legendProbably fabricated

Ali Pasha was real, wealthy, and violently deposed, and the room he died in can be walked through. That is where the solid ground ends. No document places a hoard anywhere in particular, the earliest serious search dug for five years and came up empty, and the claimed locations have spread across a province and beyond rather than narrowing. What is on the island is a museum of about 6,000 objects in the building where he was killed. What is in the lake is a story.

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