Özak Palas Balmumcu
Özak Group's Balmumcu palace residences — refined urban living adjacent to Zorlu Center
Why this property
About this residence
Özak Palas Balmumcu is a residential project by Özak Group in Balmumcu — Beşiktaş's affluent neighborhood positioned between Zorlu Center, Levent CBD, and Beşiktaş residential corridors. The "Palas" branding (Turkish for "Palace") reflects Özak Group's luxury positioning within the Balmumcu submarket.
Özak Group is one of Turkey's established conglomerates, with operations across construction, real estate, retail (Mavi Jeans co-founder), and investment. Özak's real estate portfolio includes Özak Palas Balmumcu, Özak Doa Göktürk, and Özak Duyu Göktürk — all positioned in Istanbul's premium residential submarkets.
The project offers contemporary apartments with refined interior specifications, smart home systems, and views over Balmumcu's tree-lined valley or the broader Beşiktaş skyline. Building amenities include indoor pool, fitness center, spa, residents' lounge, indoor parking, 24/7 security, and concierge.
Strategic Balmumcu positioning provides walking distance to Zorlu Center (mall, residences, performing arts), Gayrettepe metro (M2), and 5-minute access to Levent CBD.
Available configurations
Amenities
Location
About the developer
Özak Group
Özak Group is an established Turkish conglomerate with operations across construction, real estate, retail (co-founder of Mavi Jeans), and investment. Real estate projects span premium Istanbul submarkets including Özak Palas Balmumcu, Özak Doa Göktürk, and Özak Duyu Göktürk.
Investment overview
Balmumcu's combination of Zorlu Center adjacency and CBD proximity supports premium pricing. Özak Group brand premium reflects the developer's established track record across Istanbul's luxury corridors.
Frequently asked questions
Who is Özak Group?
Why Balmumcu?
How does this compare to Kempinski Residences Balmumcu?
Is the project eligible for Turkish Citizenship by Investment?
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