It's kind of a mixed bag, like Santorini in general. It's a long ways from the crowds of tourists, which is nice, especially with the hot tub on the terrace.
However, there is nothing at all around there. Don't believe the reviews that make it sound like it's walkable to Fira. It's not. And you probably don't even want to go to Fira anyway. But it's really inconvenient getting anywhere at all. We had to rent an ATV just to get to a bus stop, and driving an ATV around Santorini is literally insane and not safe if you're unfamiliar with the island. The roads are narrow and don't make a lot of sense (this is a volcano), and they are full of other tourists on ATVs that have no idea what they're doing either, plus crowds of people when you get into town, plus locals who just want to fly around you (and I can't blame them). Not to mention that it will cost you an additional €73 per day to rent the damn thing. How much does a car cost to rent??
Santorini is a crowded clusterf**k of tourists, but it's also very difficult to navigate if you try to avoid that by staying at a place like this. If I stayed way out here again, I would hire a private driver. But really, I would just pay the extra money to stay at a place with a good view and decent restaurants around that isn't in Fira/Oia.
