Ammoudi Bay is amazingly beautiful and this place is right on the bay! The views of the bay from our windows was post-card, picture perfect! Being right on the bay, you can be lulled to sleep by the sound of the bay waters coming ashore at night! Oia is the place to stay in Santorini and Nicoletta's place is either a 3 min drive up into Oia or a walk up 200 stairs. Although the stairs were not easy the first day, coming down was easier so we actually opted to take the stairs the rest of the week. It was our exercise. You can also opt to take a donkey ride up for a few Euros - giving you an authentic local and memorable experience! Within a 5 meter walk from the room you have restaurants serving the fresh - locally caught fish. Up in Oia there are more restaurants, lots of shops and cafés and there's much to see and do - if thats what you're looking for. If you want more quiet - then walking past the little "lighthouse" there's a small beach and the deck chairs at Nicoletta's provide a great place to take the sun in.