Pozole
It's up on the main road to Ixtapa, north of the Bodega about 1/4 mile, on the left side of the road as you head out of town.
The pozole is really good. You'll like it.
The place has definitely been discovered and the majority of the crowd is probably gringo these days. Personally, I find that the live music is a little too loud. But you should definitely go once!
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