The short version
Expect moving sparks and glowing trails—not a swimming pool filled with blue light.
La Parguera's bioluminescence comes from microscopic marine organisms called dinoflagellates. They produce a brief blue-green flash when the water around them is disturbed. That means the most memorable glow often appears around a moving boat, in a wake, around a hand moving through the water, or wherever something creates motion.
This distinction matters because some travel photos can create the expectation that the entire surface of the bay is continuously illuminated. That is not the most realistic expectation. In person, much of the scene remains dark, and the bioluminescence becomes visible as the water comes alive with movement.
The glow is not created by shining a light into the water. The organisms make their own light when the water is disturbed. In fact, bright flashlights, phone screens, and other artificial light can make the natural glow harder to see.