We had a great time at the house and the house was awesome. The hosts were equally great, with exceptional communication with us. Hillory, the host was very helpful and helped us arranged for a lot of things. She is better than some 5-star hotel concierge.
The house is located in a street a few minutes away from the main tourist area and that is definitely a plus without being noisy at night.
I would definitely recommend this place to people who want to stay in the city of Thera (Fira). It is not just the a place to stay but a wonderful experience provided by the hosts.