Cozy studio room with an unbelievable view of Santorini's caldera. The hike down the staircase to get to this location (and back up again into Oia) is very steep and fraught with tourists at all hours trying to take pictures. The room itself is surrounded on all sides with other rentals, but is set back somewhat from the main walkway. The balcony is quite small and not "private" but it is somewhat concealed.
As for the room, the amenities provided all match the pictures and description. The only real issue was low water pressure (the shower is more like a trickle), and the toilet would not flush sometimes. The drains also were very slow and had a tendency to back up, although I am not sure if this is due to other guests flushing paper products in the toilet (you aren't supposed to). We did not use the kitchen.
Overall, a decent experience, but it's clear you're paying for the view here. That said, it is undeniably gorgeous and probably worth the price.