Bohemio translates to "bohemian." It evokes a sense of artistic, unconventional, and often romantic living, which is less common in everyday vocabulary.
In the song, Julio Iglesias refers to himself as "un bohemio por una reina" (a bohemian for a queen). This paints a vivid picture of a free-spirited, perhaps melancholic, lover making a grand, dramatic gesture for the woman he adores, adding a layer of poetic depth to his heartbreak.
"Ella" is a classic heartbreak ballad about a man drowning his sorrow after the woman he loves leaves him.
He admits he is tired of begging and pleading with her, and that her rejection felt like his life falling into a deep, dark abyss. Trying to forget her, he turns to mariachi music and tequila, raising a toast to her memory as tears fill his eyes.
Even though she almost stayed when she saw how sad he was, it was already written that he would lose her love that night. The song captures the quiet, resigned grief of watching someone you love walk away, and finding no real comfort in the drink or the music meant to numb the pain.