In a small saucepot, combine honey and 1/4 cup of water. Bring to a bubble and reduce heat. Cook until honey syrup has reduced by half.

Combine rose, vodka, lemon juice, 1 ounce honey syrup and basil in a shaker with ice. Shake and pour into an ice-filled glass and top with soda water. Serve garnished with a lemon slice. (Store remaining honey syrup in a container in the refrigerator for other cocktails!)