It is known as the center of the 250 million Christian orthodoxy in the world, in other words, the Vatican of the Greek Orthodox. Many valuable objects, including that from the 5th century, can be seen in the Aya Yorgi Patriarchate Church (St.George), which shares the same courtyard with the patriarchate.

Located on the shore of the Golden Horn and also known as the Iron Church, the Bulgarian Church (Aya Stefanos/Sveti Stefan) is an original and charming historical building that attracts a lot of attention with its architectural appearance. Iron parts weighing 500 tons used in the construction of the church were produced in Vienna between 1893 and 1896 and transported to Istanbul by ships via the Danube and the Black Sea.

The Church of the Virgin Mary in Balat is also known as the Bloody Church. It is a church built at the end of the 13th century and is also known as the Mongolian Saint Maria (Saint Mary).

Various antique and vintage stores and shops selling mirrors are lined up in the bazaar. Small cafes and restaurants are in this area to take a break.

Balat Toy Museum hosts thousands of toys in 15 categories that attract the attention of not only children but also visitors of all ages.

Ahrida Synagogue, located in the Balat district, took its name from the Macedonian town of Ohrid. It is the most magnificent of Balat Synagogues. The Teva (Torah reading chair) of the synagogue resembles the bow of a ship. According to one belief, this form is reminiscent of Noah's Ark, while according to another claim, it symbolizes the Ottoman galleys that brought the Sephardi from Spain to the Ottoman Empire.