Heat the extra virgin olive oil in a small paella pan or wide skillet over medium heat.
Add the diced Spanish chorizo and sauté for 2 minutes until the smoky oils are released.
Stir in the yellow onion and red bell pepper, cooking until the vegetables are tender.
Add the minced garlic, smoked paprika, and tomato puree, stirring for 1 minute until fragrant.
Incorporate the Bomba rice, stirring to ensure every grain is toasted and coated in the base.
Pour in the seafood broth and saffron threads; bring to a light boil, then reduce heat to low.
Simmer undisturbed for 10 to 12 minutes to allow the rice to absorb the liquid.
Arrange the raw shrimp, mussels, and frozen peas evenly over the top of the rice.
Cover tightly and cook for 5 to 7 minutes until the shrimp are pink and mussels have opened.
Season with sea salt and black pepper, then garnish with fresh parsley and a lemon wedge.