Numerous houses and churches from 17th-19th centuries have been preserved up to the present day. Some of them are: "Pangalov’s house" (1860), "Sgurov’s house" (1866), "Alibeev’s town- hall" (1751), "Kelev’s house" (1860), etc.

The architectural and ethnographic reserve called Cheshitska mahala is located in the district of Raykovo.

It lies 12 km from the Devin, 102 km from Plovdiv and 260 km from the capital Sofia.

It became a town in 1960 after unifying three villages- Smolyan, Raykovo and Ustovo.