The village got its name from the late king Cheraman Perumal. The word 'Perumathura' means 'the residence of Perumal'. It is said that King Cheraman converted to Islam during his stay at this place.
Major points of interest here are the golden sand beaches, the backwaters, the traditional way of ladies spinning coir, the coconut groves, snake boats and Kettuvalloms. Kottaramthuruthu, Cheramanthuruthu and Madanvila constitute interesting excursions.