This was a great place to stay in Santorini. We enjoyed walking into Fira from there. There are great bakeries and coffee shops along the way and it lets you see so much more of Santorini then if you stay in one of the obscenely priced hotels on the caldera. People we met who live on the island were very positive about Villa Pelekanos as well. They often expressed relief when we told them we were staying there and not in one of the Fira hotels. We highly recommend the hike from Fira to Oia. There is a church at the top of a hill, right before you get to the difficult part of the hike, and the man taking care of it invited us in for coffee and showed us how he prepares for the feast they have for Saint Elijah. He said Villa Pelekanos was a good place to stay as well ;)