It all depends on whether there is a decision to charge people for parking in the blue bays in the area I think. There is a reaonable chance that the Council may decide it's time to get some money in the coffers and apply charges this year.
However, if you don't mind a short stroll, and drive further along the Calle Formentor, the street parking is free. If you bring up the Hotel plan of PP from this site, you can identify it from the area near the Oro Playa Hotel. Hope this helps.