This is an authentic cave house right in the heart of picturesque Oia. The iconic photos of Santorini will show the blue dome that is a stone's throw above this spot. And when checking the website for a Santorini ferry site, my wife discovered that the website's feature image was our balcony!
In other words we think this is the most perfect, picturesque spot imaginable on the island.
It is just far enough down that you won't have people walking through your area to take photos, and high enough that you have an amazing view in all directions.
Now let's talk about the sunset. If you want to watch the sun dip below the horizon, it might depend on the time of year, but it was not visible from our porch in October. That means we would have had to walk maybe 5-10 minutes to the "sunset point" if that was really important to us, which it was not. On the other hand, any place with a direct view of the sunset would be crawling with tourists!
So to sum up, we loved this place, and my incredibly picky wife thinks it is 100% perfect!