RICO REALTY
Our team at Rico Realty has a combined 50-years of experience in the real estate business at Lake Arenal. Founded in 1995, we were the first real estate company in the area: specializing in mountain and Lake Arenal properties. We’ve lived here fulltime for over 20 years. Jim, Rene and Elisabeth take pride in exceeding the expectations of their customers. We strive to provide you with unparalleled service.
Whether considering an investment property, buying a vacation home, or contemplating a move to Costa Rica, the Rico Realty team will serve as your insightful advisors and advocates. We’ll help you make the right and safe real estate decisions to ensure a positive transition to Costa Rica and a Pura Vida experience. Because we’re selling dreams and lifestyles…not just properties!
CASA BLANCA: Modern Home - Walk to the Lake

- Price
- $279,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 16
- Property Type
- House
- Beds/Baths
- 4/2
- Beds
- 4
- Baths
- 2
- Location
- Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Garden View, Lake View, Mountain View, Northern View
- Total Lot Size
- 999.00 m² (10,753.10 sq ft)
- Total Living Area
- 150.00 m² (1,614.58 sq ft)
Modern 2 Story Lake View home on 1/4 acre, beautifully designed and only a few steps from Lake Access. Built in 2017 and completely renovated and upgraded in December 2020. This largehome offers 4 bedrooms, 2 1/2 baths, large open concept kitchen with modern cabinets and appliances, living-dining area, garage with laundry area, balcony and terrace. Electric gate. Land size 999 square meters, Living space 150 square meters, balcony 18 square meters, garage 50 square meters, terrace 50 square meters. Large garden with fruit trees (bananas, plantains, mango, papaya), the property is completely fenced. Quiet and private setting, surroundet by nature. The property is only 15 Minutes away from Tilaran which is the municipal hub and where you get everything you need for your daily life. Lake Arenal is a popular tourist destination, famous for its many options for water sports and outdoor activities. The large expat community around the lake has formed a variety of social groups so there is a lot of entertainment for everyone. A 1 hour trip takes you to Liberia where you find an intl. airport, Walmart, PriceSmart and many more stores. For more entertainment you can do a day trip to La Fortuna/Tabacon Hot Springs/Volcano Arenal, or to the Monteverde Cloud forest, Rio Celeste blue River, or Rincon de la Vieja Volcanic park. It will never get boring! More photos and information on request. Priced to sell at $279,000
Garden of Eden: Popular Lodge / B&B property

- Price
- $590,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 15
- Property Type
- Hotel/Resort/Hostel
- Beds/Baths
- 9/8
- Beds
- 9
- Baths
- 8
- Location
- Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Lake View, Western View
- Total Lot Size
- 0.50 ha (1.24 acre)
- Total Interior Area
- 210.00 m² (2,260.41 sq ft)
Great opportunity for those who plan to start a new life in beautiful Costa Rica. This Lodge type B&B property, located close to Nuevo Arenal, has successfully been in business since 1992. However, the owner is currently taking a break and has put the property up for sale. The Lodge offers stunning views of Lake Arenal, the surrounding mountains and colorful sunsets. Very quiet and private, tucked into a beautifully landscaped tropical garden with a green house, a large variety of tropical plants, fruit trees (water apples, Bananas and Plantains, Papaya), medical plants, and animals, this lodge is the perfect place for a relaxing vacation at Lake Arenal, Costa Rica. This place is the perfect “home base” while exploring the area around Lake Arenal. Many touristic attractions, such as Volcano Arenal, Hot springs, the touristic town La Fortuna, hanging bridges and canopy tours etc., can be reached within one hour. Several providers for water sports are located at a short distance (Ticowind wind/kite surfing, Fly Zone Wakeboarding etc.). Other activities such as horseback riding, mountain biking, hiking …… it never gets boring at Lake Arenal ! Only 2 hours to Intl. Airport Liberia, and 30 minutes from there you get to some of the most beautiful beaches on the pacific coast. Drive to San Jose in 3+ hours for major shopping and fun in the city. The property includes the following buildings: 1) 5 guest rooms with private bath each. Large covered front porch shared by all rooms / 2) 2 superior guest rooms (one is handicapped friendly) with private bath each and large deck with lake view / 3) Restaurant, seats 16 guests, outside seating area, kitchen, living area, office, reception, storage, bathroom, laundry area / 4) Home with 2 bedrooms, bath, living area. No kitchen. Suitable as a managers home or additional rental. All buildings are ingood condition and the large lot offers plenty of space for more buildings, pool, veggie garden etc.
ROCKY CREEK MOUNTAIN : Custom designed Villa in upscale neighborhood overlooking Lake and Volcano Arenal

- Price
- $299,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 9
- Property Type
- House
- Beds/Baths
- 2/1
- Beds
- 2
- Baths
- 1
- Location
- Río Piedras, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Garden View, Greenbelt View, Mountain View, Southern View, Western View
- Total Lot Size
- 0.54 ha (1.33 acre)
- Total Living Area
- 120.00 m² (1,291.66 sq ft)
This exceptionally well maintained 2 bedroom home is situated just high enough to afford a striking panoramic view of Lake Arenal as well as a view of Arenal volcano. The entrance to this property, which is slightly over 1 and 1/4 acres, greets you with a 9 foot wide solid concrete driveway leading to a concrete parking pad and concrete walkway right to the front door. On the way you pass over 400 flowering plants and shrubs plus more than 100 large trees, a true bird and butterfly paradise. The small pond and waterfall has frequent visitors which include monkeys, parrots, toucans, iguanas and an occasional coati. There are also about 350 lineal feet of decorative stone walls to showcase the gardens. The custom designed front door opens to a vaulted living room / kitchen area with beautiful Cedro ceiling, Cedro kitchen cabinetry with granite counters, large island with matching granite, custom wall unit and premium porcelain flooring is used throughout the home. The home also features large bronze tinted windows, solid Cedro doors throughout, an alarm system and a wall air conditioner. The gardens include multi colored hibiscus, bougainvillea, hydrangeas, morning glory, orchids, red ginger, bananas, avocado, mango, papaya, ylang ylang, palm and rojo palm as well as a concrete block bodega and chicken coop. This home is being sold unfurnished so that you can customize it to your taste.
Remarkable Lake & Volcano Arenal View Home: Unique Design To Capture The 180 Degree Views

- Price
- $360,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 16
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Lake View, Other
- Total Lot Size
- 1,506.00 m² (16,210.38 sq ft)
- Total Living Area
- 315.00 m² (3,390.62 sq ft)
Fully furnished 3 bedrooms and 3 1/2 baths with a chefs kitchen and pantry, uniquely designed home with open concept design and plenty of covered outdoor decks with incredible lake and volcano views. This large home is 3,600 square feet and was built in 2014. The master bedroom and lounge have a direct view of the volcano and lake. Watch the sunrise over the volcano with an early morning coffee, or the sun set with a cocktail over the far end of the lake, hills and windmills. This home captures both perfectly. A spacious garage with full laundry, and full bathroom sits underneath. The home has its own private gate and is situated on a 1,506 square meter lot. Located just a few hundred yards from the waters edge with a boat launch ramp, boat dock and boat storage area
Efficient US Style Home - All the Amenities/Great Location

- Price
- $139,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 13
- Property Type
- House
- Beds/Baths
- 2/1
- Beds
- 2
- Baths
- 1
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Garden View, Western View
- Total Lot Size
- 1,305.00 m² (14,046.85 sq ft)
- Total Living Area
- 95.00 m² (1,022.57 sq ft)
This home fulfills all the comforts of Costa Rica; 2 bedrooms, 1 1/2 baths, large open living, dining, kitchen (with dish washer) area. A fireplace for the chilly evenings or just for ambiance. On demand hot water system. Washer/dryer. There is a nice size patio to sit, enjoy a meal or entertain guests overlooking a stand of jungle and a flowering garden area where the hummingbirds, toucans and many other birds come to visit. Private and quiet yet close to public transportation. Enjoy nearby activities such as the Tennis Shack Pickle-ball and tennis court. 3 minutes to the public boat ramp to the lake and 7 minutes to the town of Tilaran for all shopping/medical needs and 1 1/2 hours from the Liberia International Airport.
CASA DORADA: LAKE AND VOLCANO VIEW HOME. Distress sale !

- Price
- $49,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 9
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- La Tejona, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Garden View, Greenbelt View, Lake View, Mountain View, Northern View, Southern View, Western View
- Total Lot Size
- 1,750.00 m² (18,836.77 sq ft)
- Total Living Area
- 125.00 m² (1,345.48 sq ft)
Distress sale, significantly reduced price ! Home on 1/3 acre of land with one-of-a-kind view, just off the main lake road. Great project for a handyman to bring the home back to live. Solid construction, all walls concrete, put your ideas to work. The property is only 15 Minutes away from Tilaran which is the municipal hub and where you get everything you need for your daily life. Lake Arenal is a popular tourist destination, famous for its many options for water sports and outdoor activities. The large expat community around the lake has formed a variety of social groups so there is a lot of entertainment for everyone. A 1 hour trip takes you to Liberia where you find an intl. airport, Walmart, and soon a PriceSmart (Costco) which will open by the end of 2020. For more entertainment you can do a day trip to La Fortuna/Tabacon Hot Springs/Volcano Arenal, or to the Monteverde Cloud forest, Rio Celeste blue River, or Rincon de la Vieja Volcanic park. It will never get boring! More photos and information on request.
59.5 acres of Prime Farmland With 3 Water Sources Views of Both Lake Arenal and The Nicoya-Stunning Property Priced to Sell

- Price
- $187,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 10
- Property Type
- Agricultural Land
- Location
- Chiripa, Quebrada Grande, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Mountain View, Ocean View
- Total Lot Size
- 7.80 ha (19.27 acre)
This farm is in 3 parcels (40.37 acres/14.099 acres/5.188 acres) with a total measurement of approximately 59.5 acres of prime farmland that can be used for cattle, dairy and or crops. The larger parcel of 40 acres is currently being surveyed and will be added to this listing when it is complete. Excellent location, within 20 minutes to the Municipal "Hub" Tilaran for all services.Several beautiful building sites with corridors of jungle with a multitude of orchids. This is a rare opportunity for the retiree that wants to ride to the top of the hills and call himself the Squire! Buy one parcel or all three! Contact us for more information.
Remarkable Lake Arenal View Home 3/3 Custom Designed with Costa Rican Wood Accents

- Price
- $299,900
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 22
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- La Tejona, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Suburban
- View Type
- Lake View, Mountain View
- Total Lot Size
- 2,050.00 m² (22,065.93 sq ft)
- Total Living Area
- 270.00 m² (2,906.24 sq ft)
A very unique home with 3 bedrooms and 3 baths overlooks the beautiful Lake Arenal. All custom woodwork with views from every room. Enclosed patio to enjoy the morning views with coffee or for entertaining guests. Separate laundry area. All bedrooms have closets with sliding wood doors. The master bath has a tub which is not that common here in Costa Rica.
Vistas del Aguacate: 12+ Acres lake and volcano view parcel, subdividable

- Price
- $639,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 7
- Property Type
- Agricultural Land
- Location
- Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Lake View, Mountain View, Southern View, Wooded View
- Total Lot Size
- 4.92 ha (12.16 acre)
Large size property with a basic farm house and outstanding views of Lake and Volcano Arenal, accessible through the paved lake road. Suitable for residential subdivision (subdividable into 5 or 6 lots), hobby farm/private estate or commercial use. No buildings can block the lake view as the land between this parcel and the lake is owned by ICE (government). The property is only a 15 Minutes drive away from Nuevo Arenal.
Jungle Retreat Luxury Home-2 Cabins With Rancho on 4 Acres/Owner Financing Available

- Price
- $550,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 25
- Property Type
- 2 Cabinas
- Beds/Baths
- 5/4
- Beds
- 5
- Baths
- 4
- Location
- Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Lake View, Other
- Total Lot Size
- 1.69 ha (4.18 acre)
- Total Living Area
- 380.00 m² (4,090.27 sq ft)
This unique property has all of what Costa Rica has to offer. Luxury Home with 3 bedrooms, 2 baths, large living area with spacious kitchen and dining area. Abundance of storage with full size garage/laundry area. A shop for your favorite hobby! Manicured gardens with a tilapia pond outside the main house. 2 cabins for family or B&B travelers with separate rancho for entertainment and BBQ. The best of all worlds as far as location, feels like a jungle retreat with the river below yet only 5 minutes from the Municipal "hub" of the Arenal area Tilaran.