It began as a fishing port, like most of the villages and towns in this region, during the end of the last century. Nearness of rich fishing banks, and a sheltered harbour, makes Patreksfj r ur town one of the main fishing ports in the region. It is well situated for exploring the southern part of the West fjords and the contrasting and interesting sights the area has to offer. The town has a lot to offer the tourist sailing, sight seeing tours, sea angling and guided hiking tours and golf. Service is good, banks, a garage, hospital, pharmacy, post office, etc.
Accommodation is in a guesthouse and a campsite.
There is a gallery and a swimming pool in Patreksfj r ur and a tourist information.