Part of the song is an adaptation of the 1980 Venezuelan folk song "Caballo Viejo", by Simon Diaz.
The word bamboléo means "swaying" in Spanish. The song's refrain says: "Bamboléo, Bamboléa, Porque mi vida yo la prefiero vivir asi." Which translates to: "Swaying, swaying, because I prefer to live my life this way."
Finnish folk metal band Ensiferum used the refrain in a bonus track titled "Bamboleo (Gipsy Kings cover)" on their 2012 album Unsung Heroes.