Fishing settlement (1924–1944)
Lozenets was founded in 1924 by Bulgarian Thracian refugees, expelled from the southern slopes of Strandzha after the Inter-Allied War of 1913 — mainly from the villages of Velika (today Balaban in Turkey), Kosti, Malak Samokov and Peneka. They settled on the locality of Embelets (Ambelits) — a coastal strip of vineyards and fishing weirs, which until then had belonged to the nearby town of Vasiliko (today Tsarevo). With a state loan in 1928–1929, around 30 houses were built, forming the core of the settlement.
Socialist period (1944 – 1989)
During the socialist era Lozenets became a quiet holiday spot — a place where worker collectives and small state guesthouses would stay. Because it didn't appear on major resort-planning lists, the village kept its authentic feel.
Bohemian Lozenets (1989 — today)
After 1989, Lozenets became a favourite haunt for Sofia artists, architects and musicians. Small boutique hotels, wine taverns and art studios opened. Since the 2000s the village has hosted a series of summer festivals — jazz, cinema and independent music.