Located 1.5 km from the gazebo styled German Fountain, the 3-star Ista Palace-Grand Bazaar Istanbul hotel is only a 6-minute walk from the old Bayezid II Mosque. The hotel also offers guests Wi-Fi throughout the property.

This hotel is about 45 km from Istanbul Sabiha Gokcen International airport and only 1.9 km from such cultural venues as the Istanbul Museum of the History of Science and Technology in Islam. The Ista Palace-Grand Bazaar gives access to the 85-metre-tall fire-watch Beyazit Tower, which is a mere 13 minutes' walk away. The word Sultanahmet District is merely 1.6 km away, and Vezneciler-İstanbul Üniversitesi underground station is a few moments from the property. The hotel is 50 m from Laleli bus stop and within 10 minutes' walk of Yenikapi train station in Istanbul.

There are 16 rooms featuring ironing facilities and an air conditioner, as well as modern amenities like a flat-screen TV with satellite channels.

Fusion Indian Restauran is located next to Ista Palace-Grand Bazaar hotel and serves Asian dishes, 150 metres away.