RICO REALTY
Our team at Rico Realty has a combined lifetime 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 30 years. Jim, Rene and Elisabeth take pride in exceeding the expectations of their customers. We strive to provide you with unparalleled service, making your dream of owning your little paradise a reality.
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!
VILLA ORQUIDEA: Beautifully designed Lake View Home in gated community

- Price
- $595,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 40
- Property Type
- House
- Beds/Baths
- 3/4
- Location
- Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Bay View, Eastern View, Garden View, Lake View, Mountain View, Northern View, Wooded View
- Total Lot Size
- 2,794.00 m² (30,074.25 sq ft)
- Total Living Area
- 340.00 m² (3,659.71 sq ft)
LAKE PARADISE: Lake View lot ready for Construction

- Price
- $65,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 10
- Property Type
- Home Construction Site
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Garden View, Lake View, Northern View, Wooded View
- Total Lot Size
- 997.00 m² (10,731.58 sq ft)
COUNTRY INN: UNDER CONTRACT, SALE PENDING ! Commercial Property - Rental Business ! 1 Large Home, 5 Bungalows, greenhouse and horse barn on 2.5 acres

- Price
- $300,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 100
- Property Type
- Mixed Use Building
- Beds/Baths
- 8/8
- Location
- La Tejona, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Garden View, Greenbelt View, Lake View, Mountain View, Southern View, Western View, Wooded View
- Total Lot Size
- 1.00 ha (2.47 acre)
- Total Interior Area
- 275.00 m² (2,960.06 sq ft)
48 properties available
VISTAS TRAMONTO : Lake- Volcano- and Mountain Views

- Price
- $149,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 4
- Property Type
- Home Construction Site
- Location
- Tierras Morenas, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Lake View, Mountain View
- Total Lot Size
- 1.51 ha (3.73 acre)
This beautiful building lot of almost 4 acres is located in a subdivision high above Lake Arenal with views in all directions and all public services available. The seller has building plans and permits in place, which buyers could take over, or design a home to their own ideas. The lot size is suitable for several buildings, pool, horses, etc. The property is only 20 minutes from the municipal hub Tilaran where you find everything for your daily needs. In 1.5 hours you can reach the province town Liberia with an international airport and many shopping opportunities. Add half an hour and enjoy a day at one of the beautiful beaches in the papagayo bay. At Lake Arenal you can spend your days on the water, or hiking, riding horses, mountain biking, playing pickleball or tennis, going to or participating at the farmers market, be part of a welfare group (some for people in need, others for abandoned animals). Drive around the lake for a day trip to the Tabacon Hot Springs and Arenal Volcano, or over the mountains of Tilaran to visit the famous Monteverde cloud forest.
SUNSET IN PARADISE

- Price
- $279,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 3
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- Central, Tilarán, Guanacaste, Costa Rica
- Location Type
- Suburban
- View Type
- Garden View, Mountain View, Western View
- Total Lot Size
- 2,026.12 m² (21,808.89 sq ft)
- Total Living Area
- 200.00 m² (2,152.77 sq ft)
Half acre paradise garden with a 2 story home at the outskirts of the municipal hub Tilaran and only 10 minutes from beautiful Lake Arenal. The main floor offers a large open living-dining area and kitchen, laundry area and full bath. The staircase leads to the first floor galery, which is access to 2 bedrooms, 1 full bath with a large corner tub and closet, and 2 balconies. Detached from the house is a large open building which currently is used as a car mecanic shop.
VILLA AMANDA: Urban Style Home in Rural Setting

- Price
- $175,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 41
- Property Type
- House
- Beds/Baths
- 2/1
- Beds
- 2
- Baths
- 1
- Location
- Quebrada Azul, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Suburban
- View Type
- Greenbelt View, Mountain View
- Total Lot Size
- 390.00 m² (4,197.91 sq ft)
- Total Living Area
- 100.00 m² (1,076.39 sq ft)
Beautiful modern home, professionally and tastefully designed and built to the highest standards. This home offers 2 bedrooms and 1 bath, open concept dining-living area and kitchen, large porches and a garage, with the possibility of expansion. Conveniently located on a paved road (keep your tires and shoes clean) and in the hills near Tilaran, which is the municipal hub of the Lake Arenal Area. The lot size of 1/10 of an acre is great for those who want to keep life simple and not spend their days cutting grass and pickind weeds. More land is available for sale right next door. Wide open views towards the Guanacaste Lowlands. The drive to Tilaran takes aproximately 10 minutes, in 25 minutes you reach Cañas, and in 1 hourr you reach Liberia with an international airport (LIR) and many shopping opportunities. The nearest beaches are approximately 2 hours away. Take the day off and make a day trip to La Fortuna-Tabacon Hot Springs and Arenal Volcano park, or to Monteverde Cloud forest with its many tourist attractions. With the purchase of this home you are eligible for residency as an investor (minimum investment $150,000 in real estate). The seller, who is also the builder, designer and architekt of the home, is offering his services in case the buyers wish to add a second bedroom, bathroom or whatever comes to their mind.
SUNNY BAY VILLA: Duplex in Gated Lakeside Community with Clubhouse and Pool

- Price
- $380,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 8
- Property Type
- Multiplex
- Beds/Baths
- 4/4
- Beds
- 4
- Baths
- 4
- Location
- Puerto San Luis, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Bay View, Garden View, Lake View, Mountain View
- Total Lot Size
- 371.88 m² (4,002.87 sq ft)
- Total Living Area
- 200.00 m² (2,152.77 sq ft)
On the Sunny side of Lake Arenal, at walking distance to lake access and a lake front restaurant, we find this modern 2 story home, built of solid steel and concrete. The 2 stories are completely separate, offering 1000 sqft of living space plus 300 sqft of covered front porch each. Live in one unit and rent out the other unit for additional income. Custom (solid wood) cabinets. Bay window in kitchens. Upstairs unit has lake view, downstairs has 1/2 bath Plumbed for both gas and electric stove and dryer (has gas stove and dryer) At walking distance to the small pueblo San Luis with 2 mum-and-pop grocery stores and 2 restaurants (local and international cuisine). A 10 minute drive or bus ride takes you to the municipal hub Tilaran, with its many supermarkets, banks, medical and dental clinics, pharmacies, hardware stores, mechanics, appliance stores, municipal offices, main bus station, etc. The area around the lake offers many ways to entertain yourself. Sports and outdoor activities, as well as social activities, can be found at every corner. The International Airport LIR (Liberia) is only 90 minutes away and the nearest beaches can be reached in 2 hours. Take the day off and make a day trip to La Fortuna-Tabacon Hot Springs and Arenal Volcano park, or to Monteverde Cloud forest with its many tourist attractions. With the purchase of this home you are eligible for residency as an investor (minimum investment $150,000 in real estate).
BLUE CREEK VILLA - Smart Home in Paradise

- Price
- $399,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 37
- Property Type
- House
- Beds/Baths
- 3/1
- Beds
- 3
- Baths
- 1
- Location
- Quebrada Azul, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Garden View, Mountain View, Wooded View
- Total Lot Size
- 1.40 ha (3.46 acre)
- Total Living Area
- 200.00 m² (2,152.77 sq ft)
This modern and well designed home offers 3 bedrooms, 1 1/2 baths, Living-dining-kitchen area, laundry room, attached garage, as well as an alarm system, automated locks, lights and cameras. The fully fenced property with plenty of space for more buildings, a pool, horses, cows, or an organic plantation, is located in the quiet mountain village Quebrada Azul, just a few miles from the municipal hub Tilaran.The many trees on the property, and the surrounding forest are home to a variety of exotic animals. In only 5 minutes you can drive to Lake Arenal. Make a day trip to the Tabacon hot springs or to Monteverde cloud forest. The lake Arenal area is home to many expats who keep themselves busy in a variety of social groups and animal welfare groups. For the more "sporty" ones among us, there are pickleball courts, hiking groups, windsurfers, wakeboarders etc. The Intl. airport Liberia is a short 90 minute drive away, the nearest beaches are reachable in less than 2 hours. Liberia is the capital of the province of Guanacaste, where you can find private and public hospitals, and lots of shopping opportunities. FULL PRICE OFFER INCLUDES VEHICLE !
AGUACATE HILLS: 2 Homes on 6.8 acres in the quaint town of El Aguacate

- Price
- $179,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 32
- Property Type
- House
- Beds/Baths
- 4/2
- Beds
- 4
- Baths
- 2
- Location
- El Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Garden View, Greenbelt View, Mountain View
- Total Lot Size
- 2.76 ha (6.82 acre)
- Total Living Area
- 150.00 m² (1,614.58 sq ft)
Conveniently located at the west side of Lake Arenal, half way between Tilaran and Nuevo Arenal, and just off the main lake road, we find this spacious property with a newer vacation home and an older caretakers home, each with 2 bedrooms and 1 bath, living-dining areas, kitchen, laundry, porches. The large size property is sloped and has a variety of tropical plants and trees. It takes only 30 minutes to drive to Tilaran, 90 minutes to the Intl. airport Liberia and 2 hours to the nearest beaches, or to the Monteverde Cloud forest. Walking distance to one of the best restaurants in the area. In less than 1 hour you can drive to La Fortuna, Tabacon Hot Springs and Arenal Volcano. Lake Arenal is a world famous windsurfing destination and well known for its natural beauty and many options for outdoor activities.
Mountain View Lot in Gated Community 24/7 Security With Community Pool

- Price
- $55,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 4
- Property Type
- Home Construction Site
- Location
- Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Greenbelt View
- Total Lot Size
- 896.62 m² (9,651.10 sq ft)
0.2 acre mountain view lot ready to build. All amenities available to include fiber-optic internet. City water-Underground Electricity. Build 2 or 3 stories and obtain a lake view. The lot is only 10 minutes from Nuevo Arenal and 20 minutes from the Municipal hub Tilaran for your daily needs. In 90 minutes you reach the province capital Liberia where you find an international airport as well as numerous shopping opportunities, private hospitals etc. The nearest beaches are only 2 hours away. Make a day trip to Tabacon hot springs and Volcano arenal, or to Monteverde cloud forest. Spend your days outdoors, on the water (wind-kite surfing, wake boarding) or hiking, biking, horse riding, playing pickle ball or tennis. Or join one of the many expat charity groups (people and animals in need).
BAY VIEW PARADISE: Large Building Lot, Lake Arenal View

- Price
- $120,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 7
- Property Type
- Home Construction Site
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Bay View, Lake View, Northern View
- Total Lot Size
- 0.77 ha (1.90 acre)
Almost 2 acres of beautiful land with lake Arenal views. The lot is ready for construction with water meter installed and electricity on lot line. Conveniently located on a quiet country road, at walking distance to the center of the small village San Luis where you find one of the best restaurants in the area, as well as a bus stop, small grocery stores, church, public and private (English speaking) schools, and lake access at the nearby San Luis bay. A 10 minutes drive or bus ride takes you to the municipal hub Tilaran. In 90 Minutes you reach the intl. airport Liberia where you also find numerous shopping opportunities. Add another 30 minutes and enjoy the rest of the day at one of the beautiful beaches on the Nicoya Peninsula. Lake Arenal offers many spare time activities, such as Watersports, Tennis- and Pickleball, Farmers Markets, Hiking groups, social meetings, animal welfare groups, and many more.
Shades of Gray: Beautiful Lake View Home on half acre

- Price
- $224,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 11
- Property Type
- House
- Beds/Baths
- 2/1
- Beds
- 2
- Baths
- 1
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain, Suburban, Urban
- View Type
- Greenbelt View, Lake View, Mountain View, Northern View
- Total Lot Size
- 2,068.00 m² (22,259.68 sq ft)
- Total Living Area
- 80.00 m² (861.11 sq ft)
This new 2 bedroom home is situated on a lake view lot in San Luis and has been custom built featuring standard block construction, standard block and concrete foundation, ceramic flooring throughout, solid wood Guanacaste cabinetry, Guanacaste furniture, kitchen appliances, washing machine, granite counter tops, large 3 person breakfast bar, an on-demand hot water heater, ceiling fans and a whole house surge protector. Own your own piece of Paradise in this a cozy retirement nest. It's a perfect place to sit back on your verandah and enjoy the lake view as you sip your morning coffee watching another sunrise. The property is 2,068 square meters or 22,259 square feet in a tranquil area of San Luis on a quiet road with only a handful of neighbors. This area has an abundance of large trees which invites parrots, toucans and butterflies to visit and larger visitors like the occasional monkey, coatis, jaguarundi and even a deer family may make an appearance. Step inside to an open floor plan with vaulted cedro ceilings and large windows facing the lake. These windows permit natural light to flood the house and frame a picture perfect lake view. The roof has special 3 ply panels that contain a thick polymer carbon fiber core sandwiched between 2 layers of solid UPVC skins. This roof cuts out most of the rain and wind noise so you can actually think and speak in the house during storms. An alarm system with 4 cameras, window and door sensors, indoor motion sensors, recording and playback capability, remote viewing and control from your phone will provide you peace of mind. Fiber Optic cable is available. Only a few minutes walk to services in town.
CASITAS KATTY: Lake Arenal Home With Lake View Guest Cabin-Great Location-Superb Value

- Price
- $179,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 26
- Property Type
- House
- Beds/Baths
- 3/2
- Beds
- 3
- Baths
- 2
- Location
- Río Piedras, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Lake View, Western View
- Total Lot Size
- 1,600.06 m² (17,222.83 sq ft)
- Total Living Area
- 120.00 m² (1,291.66 sq ft)
Recently upgraded 1000 sq.ft. 2 bedrooms 1 bath home with a 1 bedroom 1 bath guest cabin (workable Airbnb) with a view of Lake Arenal on almost one half acre. Located on a public road just off the main paved road to lake Arenal. 2 bedrooms and 1 bath, open living/dining/kitchen concept, enclosed back porch. In 5 minutes you can walk to one of the best restaurants in the area and to the bus stop. The bus ride to Tilaran takes just 25 minutes. Tilaran is the municipal hub, where you find 3 banks, larger grocery stores, butchers, bakeries, hardware stores, pharmacies, a hospital, office supply stores, a church, a cinema, bars and restaurants, and many more amenities.