This place is centrally located. The bus stop is very close and you can walk to restaurants, bars, and shopping. You are directly on the Caldera and you can people watch from your deck that overlooks just the prettiest waters and scenery I have ever seen. Very nicely priced for the view and accommodations you get. Plus there is a housekeeper on site who services your room every day and is as sweet as pie. The only thing I would add is that both the studio and villa have their own outside area, each with their own table and chairs, but they are very close to each other so I would call it more semi-private. We had great neighbors so it was actually a good thing for us. The place is also that typical cycladic architecture which is very cool. There is a huge hot tub in this place as well but we did not use it. I have read that some thought it was a long walk to get to his place. It's literally a 4 - 5 minute walk from where our driver dropped us off. Not a hard walk and a small price to pay to be directly on the Caldera.