It is located in the down part of the village. It was built in 1870 by four joint owners of Palov family. There are different myths and legends about it. People from the village say that the water-mill has its “master” /ghost/, which cares for the owners in a very strange way /it appears in front of them and warns them of a possible danger/. There is a case that is very popular nowadays – a fire would have broken out but the “master” had waken up the slleping miller. The water-mill provided people from the village of Orijahovetz and neighbour villages with flour until rently.