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RICO REALTY

Real Estate is our business, not our hobby! Rico Realty specializes in Mountain and Lake Properties surrounding the Lake Arenal, Costa Rica area. With superior, professional real estate services since 1995, we can make your retirement wishes a reality. Selling "Dreams and Lifestyles"... not just Properties!

MEET OUR TEAM

Our team at Rico Realty has a combined 80-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 30 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!


We are excited to announce that buyers may now obtain financing in the United States when purchasing a property here in Costa Rica! Contact us for more information.


 

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Dream house for sale, Lakefront home with paradise tropical garden

Dream house for sale, Lakefront home with paradise tropical garden
Price
$1,900,000
Status
Active
Listing Type
Residential Sale
Images
56
Property Type
Villa
Beds/Baths
7/7
Location
Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
Location Type
Lakefront
View Type
Lake View
Total Lot Size
2.00 ha (4.94 acre)
Total Living Area
570.00 m² (6,135.40 sq ft)

43 properties available

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Vistas del Aguacate: 12+ Acres lake and volcano view parcel, subdividable

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.

SOLD ! Tranquil/Secure/No HOA fees/Gated Community/Lake View Home

SOLD ! Tranquil/Secure/No HOA fees/Gated Community/Lake View Home
Price
$239,000
Status
Active
Listing Type
Residential Sale
Images
33
Property Type
House
Beds/Baths
2/2
Beds
2
Baths
2
Location
Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
Location Type
Countryside
View Type
Lake View
Total Lot Size
3,504.00 m² (37,716.59 sq ft)
Total Living Area
170.00 m² (1,829.86 sq ft)

Mediterranean style Lake Arenal view home on 3/4 of an acre situated in an upscale gated community with patches of jungle for animal watching! This home is 1,850 sq. ft. with 2 bedrooms and 2.5 baths.with a practical kitchen. Living area overlooks the lake view. Beautiful Costa Rican wood accents. Attached garage. Close to all amenities and some of the best restaurants in the Lake Arenal area.

Amazing Lake View Property: VILLA DI LAGO - potential B&B or rental income

Amazing Lake View Property: VILLA DI LAGO - potential B&B or rental income
Price
$400,000
Status
Active
Listing Type
Residential Sale
Images
23
Property Type
House
Beds/Baths
4/2
Beds
4
Baths
2
Location
Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
Location Type
Countryside
View Type
Bay View, Lake View, Mountain View
Total Lot Size
2,000.00 m² (21,527.74 sq ft)
Total Living Area
200.00 m² (2,152.77 sq ft)

This beautifully designed Villa is situated on a half acre lot (2000 m/2) in one of the most desirable areas and upscale neighborhood of Tronadora/Lake Arenal, with a unique view over the lake, the sunset, the island of Santa Elena, the surrounding mountains, and Tenorio and Miravalles volcanoes. . The two-story home was built in 2015 and completely remodeled, upgraded and significantly enlarged in 2020. The main floor includes a large open living room with a dining area, gourmet kitchen, and access to a large balcony. Two bedrooms with walk-in closets and a large bathroom. The lower level consists of a spacious living room with a kitchenette, two bedrooms and a large bathroom. The two levels are connected by a covered external staircase, allowing this property to be used as a family home, or as 2 separate units. Perfect for AirBnB. Live in one unit and generate income with the other unit. Some of the details are brand new PVC coated windows and sliding doors. German sewer, electric gate at the entrance to the property. New tile floors, granite counter tops, all new appliances including a wi-fi controlled electric range and oven. The house is being sold furnished with, among other things, an elegant Italian leather sofa and handmade furniture. The beautiful gardens are planted with numerous ornamental plants and fruit trees, such as papaya, lemon, tangerine, mango. Lake Access can be reached in 1 minute by car or 5 minutes walking. The town center of Tronadora is 2 driving minutes away. The drive to Tilaran takes 10 minutes, Liberia (intl. airport, Walmart etc) 1 hour, the nearest beaches 90 Minutes.

CASA VIENTO: Heaven on Earth - potential B&B or vacation rental

CASA VIENTO: Heaven on Earth - potential B&B or vacation rental
Price
$800,000
Status
Active
Listing Type
Residential Sale
Images
23
Property Type
Multi family compound, B&B, Vacation rental.
Beds/Baths
8/6
Beds
8
Baths
6
Location
El Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
Location Type
Countryside, Lakefront, Mountain
View Type
Eastern View, Lake View, Mountain View, Southern View, Other
Total Lot Size
3,998.47 m² (43,039.00 sq ft)
Total Living Area
400.00 m² (4,305.55 sq ft)

The stunning 180 degree view of Arenal Lake, Volcano and Sunsets is only 1 of many features of this property. On beautifully landscaped grounds we find 3 homes (2 story with balcony each), 1 common building with kitchen and a large storage building including the laundry area. The property is suitable for large families or groups of friends to spend weekends and holidays at the lake, or use it for additional income as a B&B or vacation rental. The property is almost 1 acre of size with large parking areas and plenty of additional space for additional buildings, a pool and / or organic garden to grow healthy food. The property is located on the north-west side of Lake Arenal and only a few minutes from the main road surrounding the lake. The drive to the nearest larger town Tilaran takes less than 30 Minutes and a trip to Liberia (intl. airport, Walmart), or the nearest beach can be accomplished in less than 2 hours.

Tim´s automotive shop: Well established mechanical and body shop

Tim´s automotive shop: Well established mechanical and body shop
Price
$450,000
Status
Active
Listing Type
Commercial Sale
Images
4
Property Type
Mechanical repair and body shop
Beds/Baths
-/2
Baths
2
Location
Tilarán, Tilarán, Tilarán, Guanacaste, Costa Rica
Location Type
Urban
View Type
City View
Total Lot Size
763.00 m² (8,212.83 sq ft)
Total Interior Area
700.00 m² (7,534.71 sq ft)

DISTRESS SALE: This well established mechanical car and body shop has been in business for over 30 years. The owners are now ready to retire and open to offers. Excellent location ! Great value ! All business licenses up to date ! The building is currently used as car repair shop but there are more options for future usage (Gym, Grocery store, hotel etc.) Gut etablierte Autowerkstatt (Mechaniker und Karosserie) ist seit über 30 Jahren im Geschäft und die Besitzer haben beschlossen dass es an der Zeit ist in Rente zu gehen. Sie sind daher für Angebote offen. Erstklassige Lage, guter Preis. Die Immobilie hat alle Lizenzen die für eine Autowerkstatt notwendig sind, sie kann aber auch für andere Zwecke umgebaut werden (Fitnesszenter, Supermarkt, Restaurant, Hotel etc)

BOUGAINVILLEA MANSION: Custom designed Villa, Guest house and Vehicle

BOUGAINVILLEA MANSION: Custom designed Villa, Guest house and Vehicle
Price
$515,000
Status
Active
Listing Type
Residential Sale
Images
51
Property Type
House
Beds/Baths
5/3
Beds
5
Baths
3
Location
Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
Location Type
Countryside
View Type
Garden View, Greenbelt View, Lake View, Mountain View, Northern View, Wooded View
Total Lot Size
1.13 ha (2.79 acre)
Total Living Area
280.00 m² (3,013.88 sq ft)

In the heart of almost 3 acres of lovingly landscaped and well maintained tropical garden, we find this sun-filled, professionally designed and tastefully furnished home of over 2700 square feet of construction, as well as an 810 square feet guest- or caretakers home. The main residence includes a large 2 car garage with a 1999 Ford pick up extend-cab ,V8, gas, The main residence has a large open living-dining-kitchen area with balcony, lake and garden view, the Master-bedroom with balcony, private bath and walk-in closet on one side of the living area, and 2 bedrooms with shared bath and laundry room on the other side. One of the guest bedrooms has a small balcony, and all 3 bedrooms have lake view. The home includes all furniture and is move-in ready. Some of the features are quality ceramic tile on floors and bath walls, flagstone on outside walls, granite counter tops, tropical high quality wood furniture and trims (termite and mold resistant), modern appliances, arched aluminum windows with screens, balcony glass railings, driveway and patio area covered with concrete paver, security gates and bars, designer furniture, large selection of household items. The second small home offers 2 bedrooms and 1 bath, an open living-dining-kitchen area, front terrace and the laundry room. Located at the outskirts of Tronadora and walking distance to lake access, a drive to Tilaran takes approximately 15 Minutes, Liberia 90 Minutes (Intl. airport, Walmart etc) and 2 hours to the nearest Pacific beaches. A trip to San Jose takes around 3 hours.

Privacy & Tranquility: Get Away Bungalow

Privacy & Tranquility: Get Away Bungalow
Price
$150,000
Status
Active
Listing Type
Residential Sale
Images
9
Property Type
House
Beds/Baths
1/2
Beds
1
Baths
2
Location
Río Piedras, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
Location Type
Mountain
View Type
Eastern View, Lake View, Wooded View
Total Lot Size
2,691.36 m² (28,969.44 sq ft)
Total Living Area
115.00 m² (1,237.84 sq ft)

Rustic lake view bungalow at a short distance to the popular windsurfing site Tico Wind. Spectacular view of Lake Arenal. True Costa Rica living with some US comforts. Upgrades include the floors and the supports under the floors and under the house. Refinished all the wood and painted throughout. New furnishings have been added.

Lake Arenal Hotel & Resort: Well established Hotel overlooking Lake Arenal

Lake Arenal Hotel & Resort: Well established Hotel overlooking Lake Arenal
Price
$2,000,000
Status
Active
Listing Type
Commercial Sale
Images
15
Property Type
Hotel/Resort/Hostel
Beds/Baths
21/21
Beds
21
Baths
21
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, Wooded View
Total Lot Size
4.45 ha (11.00 acre)
Total Interior Area
3,000.00 m² (32,291.60 sq ft)

Outstanding business opportunity. Hotel / Resort / Restaurant / Brewery, successfully operating since 1992. The Hotel has 21 rooms with private bathrooms, some with a fireplace and/or kitchenette. Large swimming pool, large jacuzzi, tennis court, large laundry area. Excellent road access, professionally landscaped gardens and green zones. Dairy and pigs on the farm for a great family attraction! Most of the electricity comes from renewable sources (solar, biogas) which keeps the utility bills to a minimum. The bar is rented to a third party and pays a free and clear 25% of total income on a per month basis just as is the restaurant kitchen that pays 15% of plate sales per month, both year round. Note all related expenses including electricity, employees and all purchases generating sales and taxes are paid by the bar-restaurant tenants. The local Chef and his partner are trained in international cuisine, both are dedicated to the restaurant and the client's experience! Great food, great ambiance, and musical events on a regular basis. The on-site 3.5 barrel Regional Brewery pays $2,000 rent per month on 100m2 space and serves as the main attraction for the bar-restaurant. The brewery produces six types of beer, selling them not only at the bar/restaurant but also at La Fortuna Pub and the Monteverde Beer House with additional sales in the capital city ( San Jose), Jaco, and Coco beach among others! The off-premises sales generate traffic to the bar restaurant, quite unusual for a hotel to be known for great and reasonably priced food here in Costa Rica. Appraised at $2,600,000.-- the hotel is offered for sale at $2,000,000.-- or a 51% ownership at $1,326,000.--

Just Reduced ! SUPER VALUE- Lake View - Small Cabin on 2.5 acres.

Just Reduced ! SUPER VALUE- Lake View - Small Cabin on 2.5 acres.
Price
$74,900
Status
Active
Listing Type
Residential Sale
Images
5
Property Type
Cabin
Beds/Baths
1/1
Beds
1
Baths
1
Location
Tilarán, Tilarán, Tilarán, Guanacaste, Costa Rica
Location Type
Countryside
View Type
Lake View
Total Lot Size
1.00 ha (2.47 acre)
Total Living Area
30.00 m² (322.92 sq ft)

Off the beaten path, basic Cabin on 2.5 acres with view of Lake Arenal. The tiny house has good bones and can be brought back to glory with a small investment. Plenty of room for building a new home, for gardening and animals. The adjoining jungle is home to many tropical birds and mammals. The new owner will have to dig a well (a rough estimate for an artisan well would be $5000 to include digging, material and the pump). Located at the outscirts of San Luis in a private and quiet setting, the property is only 10 Minutes away from Tilaran and 1 hour from Liberia (intl. airport, Walmart etc)

CITY LIVING: Residential Building Lot in Upscale Neighborhood

CITY LIVING: Residential Building Lot in Upscale Neighborhood
Price
$80,000
Status
Active
Listing Type
Land Listing
Images
4
Property Type
Home Construction Site
Location
Lomas Del Sol, Tilarán, Tilarán, Guanacaste, Costa Rica
Location Type
Urban
View Type
City View, Garden View, Mountain View, Wooded View
Total Lot Size
1,665.00 m² (17,921.84 sq ft)

REDUCED PRICE ! Building lot in upscale neighborhood at the edge of Tilaran. Paved roads. All services available. Excellent location. Reasonably priced to sell. This is one of the larger lots in the development with plenty of room for several homes, pool, garden, etc. The lot is located 5 walking minutes from a small private school and 1/2 mile from town center with all amenities. In 15 Minutes you can drive to Lake Arenal with its many options for outdoor activities and some of the best restaurants in the area. The international airport Liberia is only a 90 Minutes drive away. Add another 25 Minutes and get to some of the most beautiful beaches in the Papagayo area. In 2 hours you can reach the Monteverde cloud forest or the world famous Tabacon Hot Springs near La Fortuna and the Arenal Volcano.

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Arenal Lake View Office:
Telephone: (506) 2695-8562
Email: ricorealty@gmail.com

Rene’s cell: (506) 8388-3891
Jim's cell: (506) 8887-7175
Elisabeth's cell : (506) 8833-2631

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