Boats leave Torekov about three times a day for the sheltered part of Hallands Väderö, the island just outside. Here you can have a coffee or go for a swim but also discover the weird jungle-like swamp forest. Once a day, there is also a seal safari when the boat never lands on the island itself but circles around it where there is quite a big seal colony. The latter has to be booked a day in advance (ask the tourist office if you aren't in Torekov already).
Torekov's tiny maritime museum is housed in an old sailing ship which has been cut off to be able to "park" it in the village green. Here you find items from sailings to the Pacific Ocean, photos of ships and stories (including the sinking of an American naval vessel) and can see what it was like on board a ship and how people slept and lived.
We were veggies when we visited Torekov so we never tried the main courses here as they were meat based but they looked very appetising and the place has a good reputation. Innovative main courses don't come cheap but there is also a bar menu. In summer, Swenson's is open until 2 a.m. and we certainly stayed as long as we could bearing in mind next day's cycling. The atmosphere is upmarket but in a veeery relaxed and friendly way and there is a total mix of locals, summer Stockholmers and tourists. In good weather, do what we did and sit under the glass roof outdoors, facing the old medieval church ruins. The ruins were great for children to play in and make friends so this is also a good place for families and our daughter got a great night out and only came to see us when she needed yet another lemonade after all the running around. The bar has an extensive drinks list and staff are never lost for suggestions if you need those.
If you don't feel up to any of the late night bars, stay on the jetty beach in the harbour and watch the late Scandinavian sunset over Hallands Väderö and the silhouette of the Kulla Peninsula on the other side of the bay :)
Should you have your own yacht or boat, Torekov has a nice little harbour with sheds where fresh fish is sold.
Buses are not as frequent as in the city sprawls but from Båstad, you have regular buses to Torekov if you don't have your own transport.
Yes, it is a relaxed place but there is one tradition where more posh values shines through. There is a jetty on the southern beach which is known as the Morning Jetty and where locals go for their morning (and evening) swim. You can tell locals and regular summer guests apart from other holiday makers by the fact that they wear their bath robes when they go through the village to go for a swim. Some even bike with their robe on. It is said that this is the way to spot who owns a house in Torekov and who doesn't.
Torekov has two beaches on either side of its harbour. The little one facing the bay is the one with the famous jetty (see local tip) and the bigger one closer to Torekov's campsite is "the beach". Both are perfectly OK for swimming, just be prepared for smelly seaweed on the big one at times.