Kefalloniá's capital, Argostóli (pop. 10,000), lies on a peninsula projecting into the Gulf of Argostóli (or Livádi), which cuts deep into the southwest coast of the island. Once an attractive old town, it was almost completely destroyed by an earthquake in 1953 and has been rebuilt in modern style. The Archeological Museum contains Mycenaean
and Roman material.
The remains at Argostóli include a couple of houses, an arched bridge stretching across the lagoon and the obelisk at its center, which commemorates the date of its construction.
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