Our story

Imerovigli, since 1932.

One cave-house, one family, and ninety years on the same caldera path. This is how six villas came to be — and why we still run them ourselves.

The caldera at dusk above Imerovigli
Maria Vlachou, born in The Galini Studio in 1932

Maria Vlachou, born in The Galini Studio, 1932.

Eleni’s grandmother, Maria Vlachou, was born in The Galini Studio in 1932 — three rooms cut into the volcanic rock, a single skylight, a cistern outside, no running water until 1981.

Maria raised four children in that cave. Every summer of Eleni’s childhood was spent on Imerovigli’s caldera path — chasing goats, swimming at Ammoudi, carrying water from the cistern. When Maria passed in 2010 the cave was inherited by Eleni’s mother, and three years later by Eleni herself.

In 2014 Eleni left Paris — fifteen years managing properties for a Mediterranean luxury group — and came back to Santorini with her partner Dimitris Marinos, an architect from Volos. They lived in The Galini Studio for two summers, removed the 1991 cement render, replaced it with white lime plaster, and opened it to two friends in August 2015.

The friends asked if they could pay. They said yes.

2017Family-run since
4.97Across 1,180 reviews
38Months at 5 stars
6Villas, never extended

What we hold to

Four things we do not compromise on.

Owner-led, always

Eleni answers every booking enquiry personally for the first 48 hours. No agency, no franchise. Write at 11pm and she will reply before you wake up.

Restoration, not extension

None of the six villas were ever extended beyond their original footprint. We never added a floor, a partition, or a “junior suite”. Every villa is what it was — only better cared for.

Direct booking, no middlemen

Booking with us costs 18% less than Booking.com. That 18% used to go to a Dutch corporation; now it stays with the family and the team.

A year-round local team

All five of us live on Santorini year-round, most working together since the third season. We trained and pay our own — no seasonal labour bussed in for August.

How we grew

One cave to six villas.

A restored cave interior
2015
The first two paying guests stay in The Galini Studio. AegeanBlue is registered.
2017
The Caldera Suite, The Volcanian Loft and The Sunset Cave open.
2019
The Aegean Maisonette and The Pyrgos Retreat open — the collection is complete at six.
2022
AegeanBlue receives the GNTO Excellence Award for boutique hospitality.
2024
Featured in Condé Nast Traveller’s “Best of the Aegean”.
2025
4.97 average across 1,180 reviews — 38 consecutive months at five stars.

The five of us

You will know our names by the second day.

01

Eleni Vlachou

Founder & host

Grew up between Athens and her grandmother’s cave on the caldera path. Fifteen years managing properties in Paris before coming home in 2014. She answers every booking enquiry herself for the first 48 hours.

Greek · English · French · Italian

02

Dimitris Marinos

Architect & co-founder

From Volos, architecture at the NTUA, eight years in restoration practice. He designed every AegeanBlue restoration and mixed the lime plaster himself. Ask him about the plaster and he will not stop.

Greek · English

03

Maria Karydi

Head of hospitality

Born in Fira, with us since the second season in 2018. She knows every guest’s name within two hours of arrival and their coffee order by the second day. The herbs in your basket are from her garden.

Greek · English

04

Christos Bakalis

Concierge & driver

Six years coordinating yacht charters across the Cyclades before joining in 2021. He drives the navy pickup that meets every guest, and books every restaurant and boat.

Greek · English · German

05

Andreas Demerouchos

Caretaker & pool engineer

Born in Mesaria in 1968, on Santorini his whole life, with us since 2018. Every plunge pool and every winter storm is his. Press the wrong pool button at midnight and he is there in fifteen minutes.

Greek · basic English

Come and find the blue door.

Six restored cave-villas, four hundred metres above the volcano, run by the family who grew up on the path.