Visit Cocomangas in station 1. They have a “Buy 1 take 1” promo on beers and selected cocktails up to 9pm (or 930pm). If you're on a budget, I recommend that you have dinner some place else before going here. You can come as late as 830pm then place all your orders for the night before the promo ends. You may ask the waiter to bring your drinks at a later time and they're okay with it ;)
If it's not raining, you'll find a barbecue stand right outside Cocomangas. You can buy from there and are allowed to bring the food in. They're not very strict about this. You should definitely try the grilled pork intestines (my favorite!) and their grilled chorizo (native sausage). They are simply delectable and would love to go back to Boracay just for these! ;)
On a tight budget or not, you shouldn't miss their famous "Still Standing After 15"! This is some sort of a drinking challenge where you are served 15 different flavored tequila shots to drink for the night. Not to worry because you are allowed to take your time downing all 15 shots. And when you're done, they'll ring the bell by the bar and give you a shirt that says "still standing after 15". To top that, your name and country will be engraved on their wall of fame ;) This set of drinks will set you back by P1,500. Though I haven't tried it yet myself (I'm a very light drinker…still practicing "til I get my turn hehe) I"d say it's worth the experience ;)
How to get there? You may take a leisurely walk along the beach or take a tricycle from D'mall. Fare is only P7/pax but drivers charge higher going back - about P50/ride, maximum of 4-5 pax. I think it's also because of the time element.
If you are staying in Station 2 and don't feel like going out too far, why don't you try Shenna's? If not wrong, their tequila shot costs P65/order. It is served in a small wine glass (yes you read it right) so it's actually equivalent to two shots! You'll definitely get drunk without putting a dent on your budget! ;)
Just like Cocomangas, you should also find a barbecue stand nearby. Shenna's is also not so strict about buying food from these stands so take advantage.
