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Santorini is complex of overlapping shield volcanoes. Basalt and andesite lava flows that make the shield are exposed in the cliff below the town of Phira. Some of t he cliff is thought to be a caldera wall associated with an eruption 21,000 year ago.antorini is complex of overlapping shield volcanoes. Basalt and andesite lava flows that make the shield are exposed in the cliff below the town of Phira. Some of t he cliff is thought to be a caldera wall associated with an eruption 21,000 year ago.
Part of the Cyclades, Santorini forms a âring shapeâ that offers visitors fantastic views of the typical villages with white houses perched on the edge of the cliffs that ring the islandâs rim. The center of the ring is called Caldera, Santoriniâs main natural attraction. Many visitors make their way to Nea Cameni Island, located in the Caldera a few minutes away by boat. Once there, you can climb to the top of the island or swim in a hot spring. Many people believe that when the central part of the volcano sunk it took the legendary city of Atlantis with it.