Ibiza, the Spanish bar and restaurant next to Imperial Fez on Peachtree, is closing at the end of the month. Whatta bummer. The restaurant's website says it has lost its lease, but I hear through the grapevine that the fetching place suffered from poor sales.
It's a mystery to me why Spanish restaurants don't tend to last in Atlanta (although Ibiza did not really feature anything like a pure Spanish tapas bar). The most recent serious effort, Cuerno, tanked, was reborn as a taqueria and tanked again a few months ago. We still have the Iberian Pig in Decatur.
Eclipse di Luna also serves some authentic tapas, as do Noche and Krog Bar. But that's about it. Why?
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the location that used to be Zaya on Highland Ave is changing to a Spanish wine bar.. that has some good potential.
If you've ever been to Spain and eaten at authentic tapas bars, you know that olives do not cost $5, and 4 tiny shrimps in garlic sauce at $8 is too expensive also.
Tapas is about small plates that together equal a meal when shared amongst a group. When two tiny plates cost as much as or more than a dinner, I'm not really inclined to get tapas.
Also, Spanish food, while very, very fresh, also has a distinct flavor that some would call "bland" when compared with italian and french cuisine. However, as you appreciate the food, you realize how delicious it is for its simplicity.
Tapas in Atlanta are over-seasoned, over-hyped, and extremely over-priced.
Pura Vida does not really feature Spanish cuisine, Uncle Buck. It's mainly Latin-American. Ditto for Tierra. I love both restaurants. (And, in honesty, I haven't been to Noche in a while, so I'm not sure how Spanish it is these days.)
Nubs: Many tapas in Atlanta would be called medias raciones in Spain, but the prices and portions you are describing sound like tapas at medias-raciones prices.
I've had some pretty creative tapas in Madrid but I agree that a tapa -- basically a nibble -- typically depends on a straightforward flavor.