Pablo Discobar - the name is a joke, the bar is serious - sits on Veltusund, a short alley off Hafnarstræti. It opened in 2016 and is now the loudest, brightest, and most committed late-night room in central Reykjavík. The space is divided into four small rooms, each lit a different colour, each carrying a slightly different energy. The visit is determined by which colour you walk through. A guide.
The bar pricing is honest by Reykjavík standards (cocktails 2,000-2,800 ISK, beers 1,400-1,800 ISK). The right visit hits the Pink Room first, the Amber Lounge for the second drink, the Teal Bar for the third. The Violet Floor is optional and exists for nights when you want the dance-floor version of the visit. Closed Sundays; open until 4am on Fridays and Saturdays.