Caldera Cave Houses for Sale in Santorini Firostefani

Caldera Cave Houses for Sale in Santorini Firostefani

Set high above the world-renowned Caldera in Firostefani, Santorini, this rare property comprises two cave-style residences with a combined surface area of approximately 119 sqm, arranged on a plot of 267.48 sqm. Built in 1970, the property enjoys uninterrupted views over the Caldera and the Aegean Sea, presenting a distinctive opportunity for a private residence of distinction or for touristic development.

The Residence

The exteriors have been fully renovated and repainted, preserving the authentic Cycladic character of the buildings, while the interiors await renovation, offering a new owner the freedom to reconfigure the space according to their own vision and requirements.

• Two independent cave-style (υπόσκαφες) houses totalling approximately 119 sqm
• Plot of 267.48 sqm
• One residence of 84.39 sqm with an exclusive-use yard of 53.80 sqm
• One kitchen and one living room
• First floor, single level, no parking
• Year of construction 1970, energy class Z

Location & Lifestyle

Positioned within the residential zone of Firostefani, directly on the Caldera edge, the property benefits from dual access via two separate roads and two independent entrances, one from the upper side and one from the lower side of the plot. This configuration affords considerable flexibility, whether for private enjoyment or for the operation of two distinct residences.

Investment Potential

The combination of an exceptional Caldera-front position, unobstructed sea views, dual-access layout and two separate dwellings lends this property strong potential for either a bespoke private home or a boutique hospitality venture. Offered at €780,000 (€6,555 per sqm), it represents a distinctive proposition within one of Santorini’s most sought-after settings. Greek Exclusive Properties offers private in-person viewings, or a video call, for qualified buyers.