Karterados

Santorini Karterados: it's another traditional village of Santorini very close to Fira (1,5 km). What impresses here is the fact that houses were built in a ravine, so most of them look like they’re sunken into the ground. A walk through the narrow streets will definitely give you an idea of the village’s glorious past, when some of the best captains lived there with their families. There are a lot of impressing chapels, churches and an old windmill.

source http://www.in-santorini.com/santorini-villages.html