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Cheap hostel: this is what you are looking for, isn't it? You are totally right to look for a cheap hostel but you should be careful about cheap hostels in Istanbul: They can be dirty, they can serve you really bad foods, they can play bad musics all the time etc...
Our cheapest hostel in Istanbul is a revolution in Istanbul: we are the cheapest hostel in Istanbul and we are so clear, we serve great foods, we are smiley, funny, we are anything you want from a hostel!