In ancient times there was a colony named Vassiliko. It was only in 1912 that the town was included into the territory of Bulgaria. The name of Tsarevo dates back to 1930s, and it is a Bulgarian translation of its old name. After 1944 it was renamed into Michurin, but today it has regained its former name. It is a big international port for medium passenger and cargo ships. The population earn their living with fishing, vine-growing, trade and tourism.

Accommodation: The camping sites of Arapya and Nestinarka offer great opportunities for accommodation at low prices for bungalows and camping. Chaika Hotel and the numerous private lodgings provide accommodation during the summer season.

Catering: The most famous catering establishments in the town are the Yalta Restaurant and the Passat Snack Bar. There are lots of small private restaurants, stalls, a marketplace and grocer’s shops. Fish that can be bought at the port from local fishermen directly. Prices are low.

Surrounding areas: There are two villages to the south-west on the road to Malko Turnovo. They are famous for the nestinarski dances (barefoot dance on glowing embers), which are a tourist attraction nowadays. The actual ritual is held on 21st May when the old female fire-dancers perform.

The villages of Kodolovo and Bulgari are 22 and 17 km respectively away from Tsarevo. Another attraction is the village of Gradishte where Thracian mounds were found.