I just returned home from a wonderful trip to Greece. We started out sailing but ended at the Ilovaslimema Hotel where we enjoyed our room and service.
When you first come to Santorini and walk down the stairs to the reception you will be blown away by the view. I stayed in a small suite, #1, and it was perfect for me. My friends stayed in the room right next door so we shared our balcony but some might not like that and you might want another room. I looked at just about all the rooms and each is different. I am not sure I would like to be near the small pool. Room #5 was recently redone and very nice with a jacuzzi in the middle.
The service was outstanding. Rula was absolutely the sweetest person in the world and attentive to every need. It is a 25 walk into Fira but stay away from there on thursdays when over 7 cruise ships come in. It is a crazy city but great shopping. Eat at Nicholas Taverna in Fira and Red Bicycle in Oia. I loved Oia and would stay there next time if this hotel was not available. High end shops, quieter but more things to do within walking distance. Mystic and Ikies were the nicest places there.
You will love Isiovasilema. I think it was reasonable but we did have the smallest suite.

We stayed at Ilioleseloma in July and loved the place. It’s not cheap, but they offer a good service, warm atmosphere, clean rooms. Each room has a beautiful caldera view and worth all the money. Ask in advance and hotel will pick you pick and drop you off (for a fee but worth it). Very nice location, walking distance to restaurants and closed by towns, but we would recommend you to rent a scooter or small car or bike if you would like to travel and see the beautiful island. Very recommend this place for your special stay in Santorini.

My girlfriend and I stayed here for the last week of August. From the moment we arrived, we were blown away by the spectacular views and beauty of the hotel itself. We stayed in the Junior Suite, which was more than enough space, and spent every sunset on our private front balcony overlooking the caldera, volcano and islands in the distance.

The pool was clean and inviting and we spent many a day lounging around it and sunbathing instead of bussing around to busy beaches (although they too are beautiful).

The service was also fantastic as the staff was able to answer all of our questions and were always on hand to take care of any of our needs. We took the hotel's recommendations to eat at Vanilia (in nearby Firostefani - take the scenic walk) and Skaros, which had amazing seafood and appetizers.

Our only regret was that we were unable to stay longer! We will definitely return!

Words can not begin to describe how beautiful this location of Santorini is!! Iliovasilema was an amazing place to stay just based on the views alone!! The studios apartments were great (we stayed in two different one)...both had private balcony areas were we sat every evening to watch the sunset. The resort is very clean and the staff are increadibly helpful! The apartments are great because they have kitchen facilities which we used to cook our own amazing meals to enjoy on our patio. The food and drinks at the resort are over priced but convenient. We recommend heading across the street to purchase your own liquor instead of paying an arm and a leg for drinks. There are a couple great little restaurants down the street. Otherwise, there isn't much to do around the town (unless you have a car)...but you won't want to leave the comfort of the pool, suntanning chairs or your private patio anyways!!