Katakolo is part of the municipality of Pyrgos (Ilia).
The town centre is within a gulf overlooking the Ionian Sea. It has a small port which is the main port of pyrgos, a school, restaurants, a church and a town square.
Small hills with forests surround Katakolo. Katakolo is situated on a peninsula and has a lighthouse founded southwest. The Lighthouse katakolon (Faros Katalkolo) was first opened in 1865. It is also a frequent stop for cruise ships on tours of the Ionian and Mediterranean seas. Consequently, many of the shops in the town centre are geared toward foreign tourists.
