Maria's Place is a good value if you want to be near Oia, but are on a budget. While it does not have a caldera view, it is an easy 5 minute walk to the center of Oia. We were definitely glad to be near Oia, rather than in Fira.

The studios have ample space, a small kitchenette, and a good-sized bathroom for European standards. However, there aren't any shower curtains, so the entire area gets wet after a shower.

Kostas, the hotel manager, picked us up from the port and showed us our room. Then we were pretty much on our own. The room is "serviced" every day, but we weren't really sure what it consisted of because neither our sheets or towels were changed during our 4 day stay. It is more of an apartment stay than a "hotel".

There is a nice pool, but the lounge chairs are uncomfortable and towels are not provided.

We have recently arrived home from a trip to Egypt, Greece, Hungary and Czech Republic. Our favorite was Greece. The weather, food and views were second to none. The views from the caldera in Santorini were the most amazing. We were told about a great place called Maria's. She has 2 rooms and in 2007 will have 4 rooms.
For only 50 Euro's a night, it was spectacular. From atop the 1000 foot cliff the rooms overlook the Volcano, Thirassia and the North & South ends of the Island of Thira. Our room was very clean and comfortable. A large deck offers great sunsets!
She advertised in the Lonely Planet guide for the first time in 2006.