This opulent 115-room luxury hotel in Beyoglu is a historic icon dating back to 1895. From the ornate lobby with marble tile floors, to the elegant afternoon tea, to the live piano music, to the (working!) original wrought-iron elevator, everything about Pera Palace evokes the bygone days when posh Europeans traveled to Istanbul on the Orient Express. Rooms are classic and sophisticated, and some have Bosphorus views. Features include a spa with lovely hammam and indoor pool, several upscale dining venues, and an extensive breakfast buffet. To top it off, rates are often cheaper than at some of the city's other luxury hotels, making this a great value.