The Hotel Megara Place is located at Ishakpasa Caddesi which is the broad street running downhill from Istanbul's Topkapi Palace entrance to the Sea of Marmara shore. The palace walls border the street for much of its length.
Hotel Megara Palace is located right next-door to the Topkapı Palace. The surrounding walls of Topkapi Palace is just 10 meters and main entrance is just 250 meters away. It's almost as living in Topkapi Palace.