We had a wonderful stay at Sklavos’s studio. It’s located the perfect distance for a short walk to Fira yet in a small village without all of the traffic.
I recommend, if you enjoy long hikes, turning right out the front door and walking the caldera to Amoudi Bay. Then taking the local bus back from Oia. It makes for a beautiful hike and an opportunity to see much of what Santoini has to offer.