We report on the recent test results of a MICROMEGAS detector in terms of position resolution, time resolution and efficiency. With a Ar+CO2 (10%) gas mixture and a strip pitch of 200 μm an accuracy of 80 μm in sigma on the position has been measured. The time resolution is better than 20 ns and a cosmic ray detection efficiency of 94% was obtained. A Monte Carlo simulation indicates that transverse diffusion, gain fluctuation and electronic noise limit the position resolution.