Oral Architecture & Engineering ‘s Palmoral Properties is a boutique property development enterprise that creates design driven properties s in multiple geographical markets. Our ultimate goal is to establish ourselves as a boutique property development and holiday home brand in the lifestyle property and hospitality market. We aim to achieve this by employing the best in design and service to build an international following. We take pride in our successful development of Deger 16 Residences: a hotel nisantasi, a luxury residences istanbul, luxury apartments nişantaşı in İstanbul In addition to Deger 16 Residences, we also own and operate Palivor Farm . Palivor Yesilce a rural natural living developments located near the Turkish-Bulgarian border in Kırklareli, Turkey as well as multiple city-center residential properties in Dubai, UAE, and West Palm Beach, Florida, USA.

Deger 16 Residences offers fully furnished luxury apartments designed for daily, weekly, monthly, and yearly rentals in the prestigious Nişantaşı district of Istanbul, Turkey. Surrounded by an array of high-end boutiques, charming cafes, exquisite restaurants, and vibrant clubs, Deger 16 puts you at the heart of luxury living. Chanel, Hermès, Louis Vuitton, and other iconic brands are just a few hundred meters away, while renowned dining spots such as Salt Bae Grill, Giza Coffee, and the elegant Brasserie are only a short stroll from your doorstep. All residences are supported by our professional building managers, skilled technicians, and on-demand housekeeping services available for an additional fee, ensuring a seamless and comfortable stay. What sets Deger 16 apart is the exceptional privacy it offers, catering to discerning residents seeking an exclusive living experience unmatched by even the most upscale hotels. The property consists of 12 unique, fully furnished luxury apartments, with three units per floor. These include: 1-Bedroom Apartments (65 sqm) 2-Bedroom Apartments (90 sqm) 2-Bedroom Deluxe Apartments (110 sqm) The top two floors (Floors 4 and 5) feature three stunning duplex penthouses: 2-Bedroom Penthouses (120 sqm) 3-Bedroom Penthouses (155 sqm) with open terraces, offering breathtaking city views. Experience the perfect blend of luxury, privacy, and sophistication at Deger 16 Residences, where every detail has been meticulously designed to elevate your lifestyle.

Our Location Located in the heart of Nişantaşı, Değer 16 Residences offer an unparalleled living experience just steps away from the city's most prestigious shopping and dining destinations. Within walking distance, you'll find iconic luxury boutiques such as Louis Vuitton, Chanel, and Prada, as well as a selection of the area's most prominent cafes and restaurants. Are you looking for a luxury residence in istanbul? a nisantasi hotel? an istanbul hotel? You are at the right place. Over the past decade, Nişantaşı has evolved into Istanbul’s premier luxury retail hub, with Abdi İpekçi Street now recognized as the most expensive retail avenue in Turkey. This prestigious street is lined with a variety of exclusive boutiques featuring both Turkish and international designer labels, alongside world-class restaurants and charming cafés. At Değer 16, you’ll enjoy the unique privilege of residing in one of Istanbul's most coveted neighborhoods, surrounded by the best that the city has to offer. History The word Nisantasi literally means Aiming Stone (target stone) in Turkish. Before the land had been granted for public use, it was an area where Ottoman soldiers used to shoot at target stones for improving their aiming skills. Some of these target stones, which are shaped like small obelisks and have Ottoman Turkish inscriptions on them, are still found on the pavements of Nisantasi as monuments from the past. Nisantasi is famous for its many Art Nouveau apartment buildings and is home to several prominent figures of the Turkish jet-set, culture and art. Nisantasi was settled by Sultan Abdulmecit, in the middle of the 19th century. He ordered the construction of the Neo-Classical Teşvikiye Police Station and the Neo-Baroque style Tesvikiye Mosque for a proper district, encouraging the citizens of Istanbul to settle here (hence the name Tesvikiye which means Encouragement in Ottoman Turkish).