I stayed at The Red Coconut in April 2010, it's right on the beach and about 2 mins walk from DMall, and has a good pool, bar and facilities. I had a nice little cottage in the gardens at the back. I think it was about 2500 a night. Nothing in Boracay is cheap.
I'd happily stay there again, the staff were pleasant, the room was comfortable and the price was good for the location
