The place is located close to the historical peninsula, as a matter of fact, its history is as old as the historical peninsula itself. The square is found in one of the oldest towns in the world: Beyoglu. During the Ottoman Era, Galata and its surroundings served the top class people from Turkish nobles and top officers to wealthy Jews, Armenian, Greek merchants and craftsmen. So, its multicultural skeleton has been based on hundred years ago. Entertainments were held, meetings were organized here.
Within the late Ottoman Era, its prestige began climbing up by those events. The place has had an attractive atmosphere somehow. After having changed the regime of the country, the location found itself at the most prestigious level by that time. An amazing monument was erected in the name of the Republic. Given the monument a name called Cumhuriyet Anıtı meaning ‘’Republic Monument’’.
After that time, everything about public institutions, entertainment places, cafes, bars, hotels, stores and apartment for sale in Istanbul started to be shaped around this new center, lined through Istiklal Street to the Galata which is connected to the historical peninsula from across the Golden Horn. People from inside and out started to rush this place as its fame went up. In time, the place has become one of the most valuable locations in Istanbul real estate market.
Nowadays Istanbul is the 8th city that means here is at the top ten worldwide. You may find a street full of traditional foods from all over the world, singers from all genres, Street performance, luxury and boutique hotels, all types of cafes and bars, rooftops with the view of Bosphorus, lovely parks and authentic property for sale in Istanbul around the square. Its countenance gets a modernized appearance by the pedestrianization project in it and restoration of historical buildings providing to remain its historical architecture around the square.