The main things to do in Panormos Crete revolve around the Panormos beaches and eating out. There are three beaches in Panormos village, with others further along the coast.
Boat trips from Panormos Crete run from the breakwater in the small port. These are a great introduction to diving and snorkelling in Crete, with some amazingly clear water along this section of coast. You can also go jetskiing, waterskiing or parasailing from the harbour.