The location is perfect. It is a quiet neighborhood just outside of Fira and centrally located. The view from the terrace is absolutely stunning. The rooms are what you would expect on the Caldera. We were a family of five; my husband and our three adult children. The apartment downstairs was nice for my husband and I, but our kids were a little cramped in the upstairs unit which is two bedrooms and a sofa bed in the living area. Kitchens are small in the Caldera, so we mostly ate out. We visited for Christmas so while things were open, some restaurants were closed for the couple weeks of Christmas and New Years. There was a little restaurant/bakery/market that was almost always open and offered everything we needed. Penelope was amazing answering all of our questions and providing amazing restaurant recommendations. The people were amazing at every restaurant we went to. We especially enjoyed "The Bone", Pelican Garden" in Fira and Gefsis in Oia. We can't wait to come back!!