If you are like many tourists, the view at the restaurant matters. The best view was El Avion. While it wasn’t the best food, it was an amazing view. I ate there for breakfast one day and ended up sitting there for multiple hours.
Emilio’s Cafe would have an amazing view but there was construction obstructing the ocean view. Once that construction is complete, that will be a fantastic view as well. I didn’t go into the hostel across from the soccer field but that looked like it had an amazing view as well. If you are looking to save money and stay in a hostel, it looked like a lot of college aged kids were having fun there. They were also all over the area from the beach all the way to the restaurants and bars.