A cliff-hanging, much-photographed infinity pool that makes you feel you could easily swim off the edge into the caldera's blue bay 1,000 feet below is but one of the highlights at a luxury getaway that even the locals respect (big compliment). These 20 houses, all connected by flights of stairs, have been converted from old wineries and other structures in archetypal skafta (vaulted cave) fashion, with clever nooks for beds, sculpted walls, and full kitchens; all
are simply but stunningly furnished with handmade wooden pieces and weavings. Each house has its own terrace, and two have private pools. Perivolas also offers the ultimate retreat: a four-bedroom, waterside hideaway across the caldera on the island of Therasia.