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!
Lake Arenal Commercial: Find Your Niche-Commercial Establishment with Lots of Options

- Price
- $140,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 8
- Property Type
- Restaurant
- Beds/Baths
- -/2
- Baths
- 2
- Location
- Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Urban
- View Type
- Lake View
- Total Lot Size
- 400.00 m² (4,305.55 sq ft)
- Total Interior Area
- 232.00 m² (2,497.22 sq ft)
$140.000 SELLER MOTIVATED Located in the town of Nuevo Arenal with Views of Lake Arenal and Volcano Arenal with plenty of outdoor seating space as well as indoor. Large kitchen area and bar. This building has many options from restaurant to hostel to cafe or personal residence! There is the main building and 2 lots adjoining with a total of just under 1/4 of an acre of land. The main building is approximately 2,500 sq ft. and there is a wood fired oven built for pizza, bread, etc. Illness forces sale of this establishment. Put your thoughts to work for a retirement business or hobby! Formally known as "toro bravo" was the best known bar in town. Building was sold and re-constructed, new roof, beautiful tiling and later housed an Italian restaurant . It was known as "The place for barbecue!" Later 2 new large bathrooms (handicap compliant) were added and a large wood burning pizza oven. Listed below are the items included. > 1. Large pizza oven > 2. Commercial stove > 3. Never used deep fryer > 4. Bar > 5. Kitchen > > When you finally decide to move to Costa Rica, after some time , having a business to be involved in and being involved in the community has immense value. Arenal is a diverse community with many International residents. The climate is cooler than the beaches and offers many opportunities, to include gardening! The birds are the best we've seen in Costa Rica! > The 2 lots behind restaurant are connected by a town road and could be utilized in many ways. 1. Further expansion of business, 2. U lock it , badly needed,3. Grow your own organic produce for the business 4. Cabina rentals and many more! Being in town offers many opportunities !
360 degree Views: Lake & Volcano View Lot

- Price
- $30,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 8
- Property Type
- Home Construction Site
- Location
- Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Mountain View, Valley View
- Total Lot Size
- 2,500.40 m² (26,913.97 sq ft)
$ 30.000.-- SELLER MOTIVATED ! This incredible lake and volcano view lot offers views 360 degrees! Lake Arenal, Volcano Arenal, Volcano Tenorio and mountain views. Sunrises and sunsets are beautiful!
Lakefront Home Just Under 1/2 Acre: Gated Community for Peace of Mind

- Price
- $280,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 26
- Property Type
- Home with Guest Cottage
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Lake View
- Total Lot Size
- 1,907.96 m² (20,537.03 sq ft)
- Total Living Area
- 225.00 m² (2,421.87 sq ft)
2/2 Lakefront home with garage plus a comfortable 1 bedroom 1 bath guest/vacation rental casita. Services include a clubhouse, pool, and because of the close proximity to the public boat ramp launching services are available. A truly unique property close to all amenities. Walking distance to public transportation and 2 of the best restaurants in the area. Tilaran, the Municipal "Hub" of the Lake Arenal area is a short 4 miles away.
Best Value! US Style Lake Arenal View Home: ! 3/2 Lake View Home with One Car Garage.UNDER CONTRACT!

- Price
- $115,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 14
- Property Type
- House
- Beds/Baths
- 3/2
- Beds
- 3
- Baths
- 2
- Location
- Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Other
- View Type
- Lake View
- Total Lot Size
- 708.93 m² (7,630.83 sq ft)
- Total Living Area
- 121.00 m² (1,302.43 sq ft)
BARGAIN ! Only $115,000.-- Price firm ! This 3 bedroom 2 bath Lake Arenal view home is located in a private area close to all amenities. The home comes fully furnished, fully equipped kitchen, laundry room with large storage area. The home was upgraded by a Canadian builder who thought of every detail for a low maintenance property. There are 2 outdoor areas for entertainment, one in the back of the house and a full gazebo that is wired and plumbed for larger crowds. The property has been planted with a variety of orchids, gardenias and many flowering plants for year round enjoyment. A bonus feature is a one car garage to protect your vehicle from the elements. Quiet location, great views and a very secure area.
On top of the world - Lake Arenal view property : in semi-gated community, 2 lots of 1/4 acre selling together

- Price
- $80,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 5
- Property Type
- Home Construction Site
- Location
- Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Lake View, Western View
- Total Lot Size
- 2,001.02 m² (21,538.71 sq ft)
$ 80.000.-- SELLER MOTIVATED. The lots are located in a semi-gated community with several upscale homes built. All services are available at lot line. Outstanding Lake Arenal and Sunset views.
Great Second or Retirement Home: Home with Guest Cabana: Owner Financing!

- Price
- $315,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 15
- Property Type
- Home with Cabana
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Lake View, Mountain View
- Total Lot Size
- 673.04 m² (7,244.51 sq ft)
- Total Living Area
- 260.00 m² (2,798.61 sq ft)
This 2 bedroom 2.5 bath home with 1 bedroom 1 bath cabana for guests is located in one of most tranquil areas of Lake Arenal. Close to all amenities with walking distance to the water only a few feet away, Gated community for security with a clubhouse and pool for your enjoyment. Boat launching service for those who want to enjoy sailing or fishing. This property also lends itself to an income earning investment. Only a short distance to Tilaran, the municipal "hub" of the Lake Arenal region for medical, banking, municipal needs. HOA fees on this property are $210 per month.
Retire With Peace of Mind: Retirement Home;Second Home or Vacation Rental

- Price
- $260,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 13
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Lake View
- Total Lot Size
- 500.00 m² (5,381.93 sq ft)
- Total Living Area
- 130.00 m² (1,399.30 sq ft)
Retire with peace of mind in this one level 2 bedroom 2.5 bath home that has easy access. By that we mean the builder used a ramp for the entrance instead of stairs. Located in a gated community for additional convenience. Master bath has a steam/sauna unit. Open concept kitchen/living area with bedrooms on either side for privacy. Club house and pool for recreation as well as boat launching services for those that want to enjoy the water. All services available to include high speed internet. Close to all amenities as Tilaran, the municipal "hub" of the Lake Arenal region is only 7 minutes away. HOA fees on this home is a meager $157.50 per month.
Lake View Lot: SUPERB VALUE-Great Location Large Lot with Lake View

- Price
- $29,900
- Status
- Active
- Listing Type
- Land Listing
- Images
- 13
- Property Type
- Home Construction Site
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View
- Total Lot Size
- 986.00 m² (10,613.17 sq ft)
10,000 sq.ft. of land with lake view. The property is located at the end of a side street in a quiet area. It is relatively flat and ideal for building your dream home with pool or a vacation cabin. The nearest bus stop is just steps away and a 15-minute walk leads directly to the lake shore. The town of Tilaran can be reached in 10 minutes by car. The Intl. Airport near Liberia is just over an hour away. For day trips you have the following options: La Fortuna, Tabacon and Arenal Volcano, Monteverde-Santa Elena Cloud Forest, Rincon de la Vieja National Park, Tenorio National Park with Rio Celeste, or various beaches on the Nicoya Peninsula. Even a shopping trip to San Jose and back is possible in a day. However, it would be more relaxing if you plan several days and visit the surrounding attractions (various volcanoes, Braulio Carillo National Park etc)........................... Translation German: Knapp 1000 m2 grosses Grundstück mit Seeblick. Das Grundstück liegt am Ende einer Nebenstrasse in ruhiger Umgebung. Es ist relativ flach und ideal für die Bebauung. Die nächste Bushaltestelle ist nur wenige Schritte entfernt und ein 15-Minütiger Spaziergang führt direkt ans Seeufer. Die Kleinstadt Tilaran ist in 10 Minuten mit dem Auto zu erreichen. Der Intl. Flughafen Liberia ist in etwas über einer Stunde entfernt. Für Tagesausflüge bieten sich folgende Möglichkeiten: La Fortuna, Tabacon und den Arenal Vulkan, Nebelwald Monteverde-Santa Elena, Nationalpark Rincon de la Vieja, Nationalpark Tenorio mit Rio Celeste, oder verschiedene Strände auf der Nicoya-Halbinsel. Auch eine Einkaufsfahrt nach San Jose und zurück ist in einem Tag zu bewältigen, allerdings wäre es entspannender wenn man mehrere Tage plant und die umliegenden Attraktivitäten besucht (verschiedene Vulkane, Nationalpark Braulio Carillo etc).....
Casa Tranquila : Charming Chalet style home with Lake Arenal View

- Price
- $89,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 18
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View
- Total Lot Size
- 443.79 m² (4,776.90 sq ft)
- Total Living Area
- 100.00 m² (1,076.39 sq ft)
This 2 bedroom, 2 bath home, was renovated in 2014 and has great views of lake Arenal from the second story balcony, bedroom and even from the master bath with tub. Because of its concrete and steel construction, it is very low maintenance. The small lot size of 1/10th of an acre is perfect for those who prefer to spend their time with outdoor activities (hiking, water sport, horse riding, mountain biking ....), watching the abundance of wildlife, or socializing with the large expat community around the lake. The house is located on a a quiet lane off the paved road in San Luis. This property is within walking distance to all amenities to include the bus stop to Tilaran, lake access, a typical local restaurant, a fried chicken restaurant, and one of the best international restaurants in the area. If you wish to have more land, the lot next door is also for sale, 1/4 acre lake view lot for $30,000. This would make a perfect combo, build your dream home on the adjacent lot and use the Chalet as a guest house or for rental income. Tilaran is at a short distance of 5 miles. The intl. airport Liberia is 1 hour away. A day trip takes you to Monteverde Cloud forest or Tabacon hot springs-La Fortuna-Arenal Volcano. For major shopping there are several large stores in Liberia (Walmart, PriceSmart to be opened soon, Pequeño Mundo, Hardware stores, furniture stores etc.) The nearest beaches are about 90 minutes away from the home.
Sunset View Paradise: Sunset View Paradise

- Price
- $160,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 10
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- Sabalito, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Western View
- Total Lot Size
- 750.00 m² (8,072.90 sq ft)
- Total Living Area
- 100.00 m² (1,076.39 sq ft)
$ 160.000,-- Views that change by the minute from sunrise to sunset! Tucked away in a jungle setting only a short distance to a paved road sits this open concept, 2 bedrooms, 2 baths, with incredible views. Southern exposure for good gardening and designed to take advantage of the phases of the moon as it passes through the palm trees making a myriad of light shows. New construction!