Greece › Santorini › Cheap Hotels with View
By Santorini Dave
See Also
- My Favorite Cheap Hotels in Santorini
- My Favorite Hotels on Santorini
- My Favorite Places to Stay in Santorini

Santorini Hotel with Caldera View: The budget-friendly Delfini Villas in Oia
Cheap Hotels in Santorini with Caldera View
Finding a hotel with a caldera view that doesn’t break the bank is the ultimate challenge in Santorini. The cheap hotels I’ve listed here are budget-friendly by local standards, though they might still feel pricey compared to mainland Greece. If your heart is set on waking up to those famous volcanic vistas, these are the most affordable ways to do it.
A few things to keep in mind:
- Sunset vs. Caldera View: Most caldera-view hotels in Fira, Firostefani, and Imerovigli offer fantastic sunset views. However, many hotels in Oia actually face south or east across the caldera, which means you won’t see the sun drop into the sea from your balcony.
- The Two-Minute Rule: The most effective way to save money is to book a cheap Santorini hotel located just a block or two back from the cliffside. You can often find rooms for 50% less than caldera-view hotels, yet you are still only a 60 second walk from the same world-class views.
- Trade-offs: At this price point, you are often trading space or modern luxury for the location. Expect smaller rooms or simpler furnishings, but with the massive benefit of being right on the edge of the volcano.
Staying directly on the caldera is a bucket-list experience. If you can swing the cost, it is worth it for the atmosphere alone. But if these options are still too high, do not hesitate to stay inland and spend your savings on great meals and boat tours.
Affordable Fira Hotels with Volcano Views
Kavalari Hotel
• Hotel Phone: +30 22860 22455
• Hotel Website: kavalarihotel-santorini.com
• Check prices for Kavalari Hotel
Keti Hotel
• Hotel Phone: +30 22860 22324
• Hotel Website: hotelketi.gr
• Check prices for Keti Hotel
Panorama Boutique Hotel
• Hotel Phone: +30 22860 21760
• Hotel Website: panoramahotel.com.gr
• Check prices for Panorama Boutique Hotel
Scirocco Apartments
• Hotel Phone: +30 22860 22855
• Hotel Website: scirocco-apartments.com
• Check prices for Scirocco Apartments
Caldera Butterfly Villas (Mesaria, just south of Fira)
• Hotel Phone: +30 22860 25916
• Hotel Website: caldera-butterflyvillage.com
• Check prices for Caldera Butterfly VillasTheoxenia Hotel
• Hotel Phone: +30 22860 22740
• Hotel Website: theoxenia.net
• Check prices for Theoxenia HotelVilla Renos
• Hotel Phone: +30 22860 22848
• Hotel Website: villarenos.com
• Check prices for Villa RenosAffordable Oia Hotels with Volcano Views
Delfini Villas
• Hotel Phone: +30 22860 71600
• Hotel Website: delfinihotel.net
• Check prices for Delfini Villas
Aspa Villas
• Hotel Phone: +30 22860 71381
• Hotel Website: aspavillas.com
• Check prices for Aspa VillasAffordable Firostefani Hotels with Volcano Views
Belvedere Suites
• Full Review
• Hotel Phone: +30 22860 25496
• Hotel Website: belvederesantorini.com
• Check prices for Belvedere Suites
Blue Dolphins Apartments
• Hotel Phone: +30 22860 23173
• Hotel Website: bluedolphins.gr
• Check prices for Blue Dolphins Apartments
Hotel Mylos
• Hotel Phone: +30 22860 21848
• Hotel Website: hotelmylos.com
• Check prices for Hotel Mylos
Sunset Hotel
• Hotel Phone: +30 22860 23046
• Hotel Website: sunsethotel.gr
• Check prices for Sunset Hotel
Villa Ilias
• Hotel Phone: +30 22860 24279
• Hotel Website: villailias.gr
• Check prices for Villa Ilias
Damigos Caldera World
• Hotel Phone: +30 22860 27169
• Hotel Website: damigoscalderaworld.com
• Check prices for Damigos Caldera WorldAffordable Imerovigli Hotels with Volcano Views
Gizis Hotel
• Hotel Phone: +30 231 129 8370
• Hotel Website: gizisexclusive.gr
• Check prices for Gizis Hotel
Heliotopos Hotel
• Hotel Phone: +30 22860 23670
• Hotel Website: heliotopos.net
• Check prices for Heliotopos Hotel












Santorini Dave was started in 2011 when I posted a short guide to visiting Santorini with kids. Now, my site publishes regularly updated guides to
Hay Dave I wanted to know if you have any info on Hotel Sunny Villa in Santorini and the area around the hotel. I Have looked at it online and the views look good just wanted to talk to the expert.
Nice little place right on the foot path through Imerovigli. You have two fantastic restaurants within a 30 second walk – The Athenian House and Mezzo. (Breakfast is served every morning at Mezzo.) The pool is small but looks out into the caldera at Skaros Rock and Grace Hotel down below. It’s a great choice for a slightly cheaper hotel.
HI Dave,
Thanks for such an abundance of helpful info! We’re heading to Greece first week of May for 10 days in Mykonos and Santorini. What’s your take on Spiliotica on the Cliff? We’ve been searching quite a bit for a romantic stay with views but close walking distance to multiple things to do.
Rachael
Spiliotica is great with incredible views. There are several good restaurants and 2 markets nearby but for anything else you’ll be walking to Fira (about 20 minutes).
Hi Dave!
Thank you for all of your super helpful information. My wife and I booked our flight for Greece during the last week of May and are so excited!
We are trying to decide on a hotel and two places that we keep going back to are VIP Suites and Residence Suites in Oia. Any feedback or notes you have to share about those places?
Thanks again for all the information!
Josh Kinsey
Both are nice with great views. Some of the VIP suites have caldera views and others have sunset views (but you see less of the caldera). All of Residence Suites have true caldera views but won’t see the sun set into the sea.
Does the Merovigliosso in Imerovigli have caldera views? It sort of looks like it from the website. Also, how big is the pool?
It’s across a small road/parking lot from the caldera cliff. From the Luxury Apartment (which has a 2nd floor balcony) there are views but for the most part I would not call this a view hotel. Though you’re steps from the cliffside and wonderful views. The pool is small but still great for a dip. There are some pools on Santorini that aren’t much more than a large jacuzzi but that’s not the case here. Yes, it’s small but it’s an actual pool. It is on the cooler side, however, since it’s not heated and doesn’t get a lot of direct sun. That’s fine from late June to early September but I doubt you’d be using it anytime from October to May.