Praia do Carvoeiro is the place. Its name is nowadays usually simplified to Carvoeiro. Apart from its far-flung reputation, it has managed to keep a low profile, having spread sideways rather than upwards. Suburbs of good quality villas, many of them with private pools, have been built to the east and west of the village. There are a few good hotels in the vicinity, but essentially this is made up of holiday villas. It is very active in summer, but the villa shutters come down with the first signs of winter in early November and most of the neighbourhood goes into hibernation.
Carvoeiro is a relaxing location where the wild nights of other resort along the coast are replaced by fine dining. It has an excellent range of restaurants offering top quality food at reasonable prices. The steak here comes highly recommended.
While lingering over a nice meal and glass of wine sounds like a perfect evening for some, others may be in search of something livelier scene. You'll find it at nearby Praia da Rocha.
There is one notable area of continued activity throughout the winter and that is west of the village where the upmarket Carvoeiro Clube development maintains two excellent golf courses, the unique double nine-hole Quinta do Gramacho, and the pristine 18-hole Vale de Pinta.