Fabulous little hotel/hostel just 500 meters from Taksim Square. The location is excellent, from the square you can reach every corner of Istanbul, also the Asian side. I stayed for 4 nights in a four bed room, delicious breakfast included. I paid around 12 $ pr night. This is one of the best deals I have had in any place I have visited. The staff is nice and the rooms and common areas are very OK. I can safely recommend this to anyone who is traveling on a budget and wants to explore Istanbul.