Santorini, renowned for its stunning vistas and iconic whitewashed villas, has long been the Mediterranean’s go-to haven for those seeking sun, sea, and luxury. Yet, despite the island’s allure, the market for high-end properties has often felt somewhat predictable. Enter Mandarin Oriental’s latest offering: Villa Aegean, a modern architectural marvel that promises to reshape the luxury villa landscape on this already-exclusive island.
A Bold New Vision for Santorini
Nestled above the Imerovigli Caldera, Villa Aegean is not just another villa with a sunset view; it is a radical departure from the traditional. The property is part of Mandarin Oriental’s Exceptional Homes collection, a curated series of high-end, short-term rental properties offering guests an unparalleled experience. With the addition of Villa Aegean, the collection now boasts 26 properties across some of the world’s most desirable destinations.
Designed by Ria Vogiatzi of Elastic Architects, Villa Aegean embraces the island’s rich volcanic heritage, incorporating local black basalt stone into its modern design. Vogiatzi’s vision is clear: to create a space that flows as smoothly as lava, honouring the island’s geological history while offering guests a luxurious and contemporary retreat.

An Architectural Masterpiece
While many of Santorini’s traditional homes are characterized by their compact design and small openings—built to keep interiors cool in the summer heat—Villa Aegean presents an entirely different approach. The property is a sculptural feat, with a design that invites both natural light and air into every corner. The villa’s entryway curves elegantly, channelling the wind to enhance airflow, while large apertures and shadow gaps allow sunlight to dance through the interiors.
Inside, vaulted ceilings elevate the space, giving it the airy, expansive feel of an urban penthouse. The villa’s aesthetic is modern, with clean lines and minimalist furnishings that perfectly complement the island’s rugged natural beauty. The outdoor area features a striking black stone pool that mirrors the surrounding landscape, creating a serene and contemplative space where guests can relax and take in the panoramic views.
A Service Like No Other
What truly sets Villa Aegean apart is its service offering. Mandarin Oriental’s Exceptional Homes collection is known for its bespoke, 24/7 service, and Villa Aegean is no exception. Guests are treated to a range of services, from private chefs and expert concierge teams to housekeeping trained to the exacting standards of Mandarin Oriental hotels worldwide.
The villa’s management team is entirely focused on providing guests with an unforgettable experience, ensuring that every need is met with ease and efficiency. Whether it’s arranging a private wine tasting, booking a helicopter tour over the caldera, or securing a coveted reservation at a nearby Michelin-starred restaurant, nothing is too much to ask. Additional offerings, such as water sports, spa treatments, and cooking classes, are available to elevate the experience even further.

Exclusivity and Demand
Due to its unique design, impeccable service, and prime location, Villa Aegean is expected to be one of the most sought-after properties on the island. Demand is expected to come from high-net-worth individuals around the globe, with a particularly strong presence from American, European, and Middle Eastern clientele, thanks to Santorini’s increasing connectivity via direct flights from the GCC.
The villa’s exclusivity and high-end offerings come at a premium. Nightly rates range from $6,605 to $12,385, depending on the season. The peak summer months are likely to see a competitive influx of bookings. In contrast, the off-season months of September and October will likely draw affluent guests from China, who increasingly favour the island’s luxury offerings.
For Mandarin Oriental, Villa Aegean represents the next evolution in luxury living. It blends modern architecture with the island’s natural beauty and cultural heritage, offering guests a once-in-a-lifetime experience that is both indulgent and deeply connected to its surroundings. As the second Mandarin Oriental property on the island, Villa Aegean is set to become a highly coveted retreat, offering a glimpse into the future of Santorini’s luxury villa landscape.
The Future of Luxury Living
Villa Aegean is a testament to Mandarin Oriental’s commitment to innovation in the luxury travel space. By offering a villa that combines the island’s natural beauty with a modern architectural approach and an uncompromising level of service, the brand is setting a new benchmark for what luxury on Santorini can mean. For those seeking a truly unique experience, Villa Aegean offers not just a place to stay, but an immersive journey into the heart of Santorini’s history, culture, and natural splendour—all wrapped in a contemporary package of elegance and sophistication.
Written By: Lydia Kelly
Published: 28th January 2025