This development comprises six blocks of 1 and 2 bedroom apartments with penthouses and twenty one 2 bedroom town houses with luxury 2 bedroom penthouses on the top floor. There is a large communal swimming pool with a pool bar.

Kranevo is 25km north of the city of Varna.  It lies just beyond the northern end of Golden Sands and at the southern part of a long beach, which extends towards the luxurious resort of Albena to the north.