Ancoradouro
$$$
Fodor's choice
Come to what’s widely regarded as the finest fish and seafood restaurant in town for hearty portions of expertly prepared local delicacies such as cataplana à ancoradouro (seafood stew), skewers of grilled fish and shrimp, and seafood rice with crab claws, shrimp, mussels, and clams. Though the decor inside is simple, the large terrace with wonderful water views is the place to be.
