Definitely make time to visit Ceramica, 28 Paleologou (tel. 28410/24-075). You will see many reproductions of ancient Greek vases and frescoes for sale throughout Greece, but seldom will you have a chance to visit the workshop of one of the masters of this art, Nikolaos Gabriel. His authentic and vivid vases range from 25€ to 300€. He also carries a line of fine jewelry, made by others to his designs. Across the street, at no. 1A, Xeiropoito sells handmade rugs. Pegasus, 5 Sfakianakis, on the corner of Koundourou, the main street up from the harbor (tel. 28410/24-347), offers a selection of jewelry, knives, icons, and trinkets -- some old, some not. You'll have to trust the owner to tell you which is which. For something a bit different in women's clothing, step into Vendemma, 11 Koundourou.
For something truly Greek, what could be better than an icon -- a religious or historic painting on a wooden plaque? The tradition is kept alive in Elounda at the studio/store Petrakis Workshop for Icons, 22 A. Papendreou, on the left as you come down the incline from Ayios Nikolaos, just before the town square (tel. 28410/41-669). Georgia and Ioannis Petrakis work seriously at maintaining this art. Orthodox churches in North America as well as in Greece buy icons from them. Stop by and watch the artists at their painstaking work -- you don't have to be Orthodox to admire or own one. The store also carries local artisans' jewelry, blown glass, and ceramics.
Note: This information was accurate when it was published, but can change without notice. Please be sure to confirm all rates and details directly with the companies in question before planning your trip.
