Located south east of the Community is its water dam known as the Argaka –Makounta Water Dam. This water dam covers the irrigational needs of all agricultural expanses of Argaka.

It is a 41-metre-high dam built in 1964 which has a capacity of 990 thousand cubic metres of water.

What is also noteworthy is that on January 16th, 2012 the dam of Argaka was the first dam in the Pafos District which overflowed. However, that was not the only year it overflowed, since it overflows almost every year.