Hotels stacked down the caldera cliff on Santorini at sunset, terraces and small plunge pools cut into the rock above the water

Santorini hotels: you are buying a position, not a room

Two rooms of the same size, ten minutes apart, at wildly different prices. Nothing is broken. On this island the bill follows the caldera view and very little else.

Open two tabs of Santorini hotels and the numbers stop making sense. A plain double with a small bathroom sits several times above a larger room with a balcony, a bigger pool and somewhere to park, on the same island, in the same week. The hotel has almost nothing to do with it. What costs money on Santorini is the ground the terrace stands on. The island is the surviving rim of a collapsed volcano, and roughly four kilometres of that rim can see straight down into the crater. That strip is where the expensive hotels are, and there is no more of it to build.

The price follows the view, and barely anything else

Star ratings mean less here than on any other Greek island. What moves a Santorini rate is a short list: does the terrace face the caldera, is that view blocked by the roof of the hotel below, and is there private water on the terrace. Change one of those and the price moves by a multiple, not by a margin. Leave the rim entirely and it collapses.

Which is why the honest way to shop for a room on this island is backwards. Choose the village first, then the hotel, because the village sets the budget and almost everything else follows from it. The block below is the quickest way through that decision. Our map of Santorini shows the same places laid out against the crater if you want to see why the geography behaves like this.

Start from the priority

What do you want first?

You came for the terrace and the sunset, and you accept that the view is the whole bill.

Imerovigli

Highest point of the rim, between Firostefani and Oia

The widest view on the island, straight down the caldera with Skaros rock in the foreground and Oia along the far edge. Quieter than Oia, and a shade less expensive for the same class of room.

Oia

Northern tip of the crescent

The postcard, and priced accordingly. Every terrace faces the sunset and every path fills with people who came to photograph it, then empties around ten.

The four villages on the rim, north to south

They run in a line along the cliff and they are less alike than the photographs suggest, though all four sell the same view. Oia sits at the northern tip and is the most expensive address in the Cyclades. It is the smallest of the four, a few hundred metres of pedestrian lane above cave houses cut into the pumice, with names like Katikies and Canaves Oia occupying the best of the edge. Every afternoon several thousand people arrive to watch the sun go down from the castle ruin, and every evening around ten the village is quiet again.

Imerovigli is the high point of the rim and has the widest view on the island, out over Skaros rock and up the whole curve of the caldera to Oia. It is residential, has few shops, and the hotels there, Grace Santorini and Astra Suites among them, sell the same product as Oia for a little less noise and usually a little less money. Firostefani, ten minutes further south on the cliff path, is quieter still and cheaper again for the same view, which makes it the most underrated address on the rim.

Fira is the capital and the working end of the rim. Every bus on Santorini starts or finishes at its station, the cable car drops to the old port, and the shops and restaurants stay open when the smaller villages have shut. It is also where the nightlife is concentrated, in a few streets that are loud until late. A caldera room in Fira usually costs less than the same room in Oia and gets you a functioning town in exchange for the postcard.

The staircase nobody mentions at booking

This is the part that ruins arrivals, and it is almost never stated on the booking page. The rim villages are built down the face of a cliff, so the road runs along the top and the rooms hang below it. In Oia and in much of Imerovigli that means your hotel has no vehicle access at all: the taxi stops at a car park or a bus turn and the rest is on foot, down steps, in the open. Some hotels are a dozen steps below the lane. Others are two hundred or more.

Nothing about that is a scandal, and the view exists precisely because of it. The problem is arriving at three in the afternoon in August with two suitcases and discovering it. Good hotels on the cliff send a porter to meet you and carry the bags down, and the better ones say so in the confirmation email. If it is not mentioned, write and ask two questions before you pay: how far is the nearest point a car can reach, and how many steps from there. Anyone with a knee problem, a pushchair or a heavy case should read the answer as a deal breaker rather than a detail.

The same logic applies to leaving. Athinios, the ferry port, is a concrete shelf at the bottom of the cliff reached by switchbacks, and transfers out of Oia need to leave far earlier than the distance suggests. If you are arriving by sea, the boat you take from Athens lands you there rather than anywhere convenient, so arrange the pickup before you sail.

Plenty of people reach the island from another one rather than from Piraeus, and the two routes behave very differently on arrival time. The boat up from Heraklion is a long open-sea crossing that gets cancelled when the wind sits in the north, so it is the one to put at the start of a stay rather than the end. The shorter hop down from Mykonos runs several times a day in season and often puts you at Athinios in the middle of the afternoon, which is the worst hour for the switchback road. Either way, tell the hotel which boat you are on before you sail.

Flying changes the arithmetic entirely, because the runway is on the flat eastern side of the island rather than under the cliff. From the terminal you are ten minutes from Kamari, about twenty from Fira and a good forty from Oia in August traffic, and what to expect on the ground when you land is worth reading if you have a rim hotel and an evening arrival.

Every base on the island, side by side

Prices here are ranks, not figures, because a room on Santorini can triple between May and August and any number would be wrong by the time you read it. The order, though, holds all season.

Where each Santorini village sits, what it costs relative to the others, and whether a car can reach the hotel
VillagePositionWhat you find therePrice rankCar to the doorNext base along
OiaNorthern tip of the rimCave suites, plunge pools, the sunset crowdHighestNo, village is pedestrianImerovigli, 2 h on the rim path
ImerovigliHighest point of the rimWide caldera views, Skaros rock, few shopsHighRarely, steps down from the roadFirostefani, 20 min on foot
FirostefaniOn the rim, north of FiraSame cliff as Fira, none of the noiseUpper midOften, some hotels by stepsFira, 15 min on foot
FiraMiddle of the rim, island capitalBus station, shops, bars, cable carMid to highYes, except the cliff edgeFirostefani, 15 min on foot
PyrgosInland hill, centre of the islandCastle village, views both ways, tavernasMidYes, up to the old village gateFira, 15 min by car
MegalochoriInland, on the Akrotiri roadWine estates, vaulted houses, quiet squaresMidYesFira, 15 min by car
KamariEast coast, under Mesa VounoBlack sand, promenade, family hotelsLowerYesPerissa, 20 min by car around the rock
PerissaSouth-east coast, behind Mesa VounoLong black beach, budget rooms, barsLowestYesPerivolos, 15 min on foot along the sand
PerivolosContinuation of the Perissa beachBeach clubs, calm water, low-rise hotelsLowerYesFira, 20 min by car

The east coast, where the same hotel costs a fraction

Cross to the far side of the island, fifteen minutes by car, and the market changes entirely. Kamari, Perissa and Perivolos sit on the gentle outer flank of the volcano, where the land actually reaches the sea and the beaches are long strips of black sand and dark pebble. The same category of hotel here costs a fraction of what it costs on the rim, and it usually comes with a larger room, a proper pool and a car park. What it does not come with is the caldera.

The three run together but are not interchangeable. Kamari is the most organised, with a paved promenade of tavernas behind the beach and the airport a few minutes away, which also means aircraft overhead. Perissa, on the other side of the Mesa Vouno headland, is cheaper and younger in feel. Perivolos is the southern continuation of the same beach and the most comfortable of the three, with beach clubs and the calmest water. All of them need a bus or a car in the evening if you want the sunset, and the last bus back from Fira leaves earlier than people expect.

Pyrgos and Megalochori, the compromise nobody mentions

Between the cliff and the beach there is a middle of the island that almost no hotel guide bothers with, and it is where a lot of returning visitors end up. Pyrgos is the highest village on Santorini, a spiral of white houses wound around a Venetian castle, with a view over the vineyards to both coasts and down to the caldera in the distance. It has real tavernas at village prices, no coach traffic, and a car can reach almost every door.

Megalochori, on the road down towards Akrotiri, is flatter and quieter again: vaulted captains' houses, a small square with bell towers, and the island's wine estates within walking distance. Vedema, one of the older luxury properties on Santorini, is built into an old winery there and never gets mentioned in caldera roundups because it has no caldera view. Both villages sit ten to fifteen minutes from Fira and about the same from the beaches, which is the whole argument for them. You give up the terrace and you get the island back.

The private infinity pool is the actual product

There are no beaches on the caldera side. The water is a few hundred metres below the terrace and reachable only by cable car, by donkey or by the steps down to the old port, so a rim hotel that wants you to swim has to put the water on the cliff itself. That is why the plunge pool cut into a terrace has become the thing this island actually sells, and why the upgrade from a room with a view to a room with a pool costs what it does.

What you are paying for

A private infinity pool on a hotel terrace at Imerovigli, Santorini, looking out over Skaros rock and the caldera towards the volcanic islets
A private pool on the caldera rim, looking north past Skaros rock towards Oia. On this side of the island the pool is the beach: the sea is 200 m below and the only ways down are the cable car, the steps or a boat from the old port.

Read those listings sceptically. The word pool covers a heated tub for two as easily as something you can take three strokes in, and the photograph is always shot from the one corner of the terrace where no roof intrudes. Guest photographs in the reviews are more honest than the hotel gallery. Ask whether the pool is shared with the suite next door and whether it is heated, because the caldera is windy and the water is cold outside high summer.

When you book matters more than where you book

Santorini has a small number of rooms on the rim and no way to add more, since you cannot build outwards on a cliff. Demand for those rooms is concentrated into July and August and into a honeymoon market that books far ahead, so the good caldera suites for high summer go months in advance, often to people who stayed before. The east coast has far more capacity and holds availability much later.

Moving your dates to late May, early June or the second half of September changes the bill more than moving village does, and the island in those weeks is warm and walkable instead of gridlocked. Late October is cheaper again, though hotels on the rim start closing and the sea has gone cold. If you are set on a caldera room in August, book it first and build the trip around it, because it is the only part of a Santorini holiday that genuinely sells out.

Questions people ask about Santorini hotels

What is the best place to stay in Santorini?

It depends on what you refuse to give up. For the view, the rim villages of Oia, Imerovigli, Firostefani and Fira, in roughly that order of price. For a beach you can walk to before breakfast, the east coast at Kamari, Perissa or Perivolos, where the same class of hotel costs a fraction of the rim. For quiet and a shorter bill without giving up character, the inland villages of Pyrgos and Megalochori. For a first visit with only two or three nights, Fira is the safest answer, because it has the view, the bus station and somewhere open to eat after ten. There is no village that does all of it.

What is the nicest part of Santorini to stay in?

If nicest means the most beautiful place to wake up, Imerovigli, because it stands at the highest point of the rim and looks across Skaros rock and the whole curve of the caldera to Oia. Oia is the more famous version of the same thing and fills with several thousand day visitors every afternoon, which Imerovigli does not. If nicest means the pleasantest village to live in for a week, the answer is Pyrgos: a spiral of white houses around a Venetian castle, tavernas at village prices, no coach traffic, and a car that can reach almost every door.

Where to avoid staying in Santorini?

Three places catch people out. Any cliff hotel in Oia or Imerovigli that you have not checked for stair access, because the road stops at the top and the rooms hang below it, and reaching your door can mean well over two hundred steps in the open with your luggage. The streets immediately above the bars in central Fira, which are loud until very late. And an isolated hotel out towards Akrotiri or Vlychada with no car booked, since the buses are built around Fira and a taxi at eleven at night on this island is a rumour rather than a plan. Also read the words caldera side carefully: a room can be on the rim and still look sideways at the hotel below it.

Do Santorini hotels have private pools?

Most of the hotels on the caldera rim now offer at least a few suites with a private plunge pool cut into the terrace, and on this island it has become the standard upgrade rather than an unusual one. There is a reason for that: there are no beaches on the caldera side, the sea is a couple of hundred metres below the terrace, so a rim hotel that wants you to swim has to put the water on the cliff itself. Read the listings sceptically. The word pool covers a heated tub for two as easily as something you can take three strokes in, the photograph is always shot from the one corner where no roof intrudes, and some pools are shared with the suite next door.

Is it better to stay in Oia or Fira?

Oia if the trip is about the setting and you do not mind that everything costs more and the village fills with day visitors each afternoon. Fira if you want to be able to do things: it is the island's capital, every bus route starts there, the shops and restaurants stay open, and the cable car runs down to the old port. Fira is also noisier, so book on the caldera side of the pedestrian street and not above the bars. A caldera room in Fira usually costs less than the same room in Oia and gets you a functioning town in exchange for the postcard.

Why are hotel prices on Santorini so high?

Because of what the building is standing on. The island is the surviving rim of a collapsed volcano, and only about four kilometres of that rim can see straight down into the crater. Every hotel on that strip is cut into a cliff, so each room is a small construction project, and there is almost no rim left to build on. You are paying for the terrace and the view rather than for the bed, which is why the price falls hard the moment you turn the same room inland or move to the east coast. Your dates move the bill as much as your village does: late May, early June and the second half of September are a different market from the first fortnight of August.

We do the same arithmetic for every island in what a room actually costs elsewhere.

We use cookies to measure our audience and improve your experience, through Google Analytics and Microsoft Clarity. Learn more