Phaistos. Crete. Greece. View of the large paved West Court and Theatral Area at the palace of Phaistos. It is bounded by a high wall which supports the Upper Court which is on a higher level. At the foot of the wall are eight wide steps which formed the seats for spectators to view religious events and festivals taking place in court. These date from the time of the first palace (1900-1700 BC). The Minoan palatial city of Phaistos or Phaestos was the second most important Minoan palatial city in Crete after Knossos and is situated in central southern Crete in the Iraklio prefecture. Crete is Greece’s largest island and the fifth largest island in the Mediterranean.