The construction of Pag’s Benedictine Convent of St. Margaret began right after the new town of Pag was established, as a memorial to the former church and convent in the Old Town.
The Church of the Assumption of the Blessed Virgin Mary is situated on the main town square and is the most valuable monument of ecclesiastical architecture in Pag. The cornerstone was laid on 18 May 1443, marking the commencement of its long-lasting construction.