i wanted a caldera view without having to pay with my arm or leg. for this, hotel mylos is a good value as it got a view of the caldera from the balcony. i contacted the hotel directly and got a further reduction in price by paying in cash. the room and bathroom are simple and basic, with aircon, tv, minifridge and utensils. i had a single room and it is very small and can be claustrophobic, but thankfully there is a glass door (and shutter wood door) so i don't feel locked in. i am on the ground floor so the balcony is shared with 2 other guest rooms - but there are enough table and chairs on the balcony to go around. behind the hotel is a supermarket which they owned, there is a side entrance which also served as their reception area. in the morning i would go to this reception area and asked for breakfast, which they will bring to me - it really really basic with bread with butter and jam, instant nescafe and orange cordial.
location; walking along the caldera footpath, it is about 15 mins to fira and to imerovigli/skaros (use the footpath in front of the hotel). the main road between fira and firostefani seemed longer and quite hazardous as there are no pedestrian sidewalks and road is too narrow to fit 2 buses. 3 mins walk to firostefani's main square where there is a bus stop to fira/oia/imerovigli (1.40 euros), a traverna and church, plus a nice lookout area. I walked with my backpack on the main road uphill from fira bus station to the hotel, took me 20-25 mins and since there are no signs, i had to ask for directions as i go along - no problem in finding mylos as there were a lot of helpful greeks.
bus between fira and airport/port is 2 Euros, check bus schedules at fira station for schedules to other parts of the island, and schedules are also published on their website (note: airport schedule can change, so should check fira station for updated schedule). People talked about renting mopeds, i can see how dangerous it can get as the roads are narrow, and in between towns, there are no street lights. it is pretty scary when you are going 35 mph in the dark and behind you, you have a speeding bus that is dying to pass you.
worth seeing - red/black beach, volcano, oia and its sunset, and ancient thira museum. the other museum at fira (by the cable car station) is not worth it (if you have also visited other greek museums).
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC