Great location right in the middle of the "capital" of the island, Fira. Apartment is one of 4 built into the cliff overlooking the caldera. Town center is maybe 10 minutes walk, but there are some small markets and other restaurants and shops very close by.
Some 70+ stairs but Yiannis 2 will help you with the luggage both ways. Amazing views from the balcony, great atmosphere, and you can walk right out and explore since its on the Main Street connecting all the villages and city center. Apartment is simple but nice. Space heater, water heater for shower, mini refrigerator, coffee machine, dining ware, and he gave us an electric converter to borrow. The bed was too soft for us but overall very very good.