Ia, Aegean 84702

Santorini Oia | Rare 19th Century Cave House with Panoramic Caldera Views Nestled in one of Oias most authentic and sought-after settings, this rare independent cave house of 67 sqm combines timeless Cycladic architecture with exceptional lifestyle and investment appeal. Originally dating back to the 19th century, the property was fully restored in, rebuilt from the natural volcanic rock while carefully preserving the authentic character of a traditional Santorini cave residence. Cave houses of this size and character are increasingly rare in Oia, making the property particularly attractive both for private use and premium short-term rental investment, with estimated yields between 8%11%. The single-level residence comprises a spacious living area with two beds, a separate kitchen, one bedroom, storage space, and one bathroom, while outside it features a private terrace of approximately 40 sqm with stunning panoramic views over the sea, the caldera, the Aegean, and Oias iconic landscape. Additional features include autonomous electric heating, wooden window frames, tiled flooring, and two water cisterns. Ideally positioned within the traditional settlement of Oia, the property is just moments from the sea, renowned restaurants, boutique shops, and some of Santorinis most celebrated viewpoints, while also benefiting from relatively easy access with only a few steps. A rare opportunity to acquire an authentic Santorini cave residence in one of the islands most desirable destinations.