The Water Alley is located in the center of Razlog. It starts from the garden, which is located next to the square, passes through the square itself and turns towards the park. Two of the six buildings on the alley are built in the garden.
The next three are located directly in the square, on the side of the preserved buildings in the architectural style of the beginning of the 20th century. The last part of the water alley is located in the lower part of the square, in the direction of the water cascades in the park and the lake. The water cascades are the natural continuation of the alley.