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 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

- 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

- 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.
LAKE FRONT PARADISE: 2.9 acres of unique property

- Price
- $259,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 12
- Property Type
- Development Parcel
- Location
- Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Bay View, Eastern View, Greenbelt View, Lake View, Mountain View, Western View, Wooded View
- Total Lot Size
- 1.17 ha (2.89 acre)
Almost 3 acres of beautiful property with the option to be subdivided. (Alternatively the owner is willing to sell 1.25 acres for $110.000.--) The property offers stunning views and plenty of space for multiple homes, pools, keeping animals, organic gardening, water sport activities, small hotel or B&B, retreat center, and many more... the price is significantly lower than other properties nearby. ............. Wunderschönes Grundstück von knapp 1,2 Hektar, mit der Möglichkeit zur Unterteilung. Das Anwesen bietet direkten Seezugang, eine atemberaubende Aussicht und viel Platz für mehrere Häuser, Pools, Tierhaltung, biologische Gartenarbeit, Wassersportaktivitäten, kleines Hotel oder Bed & Breakfast, Erholungszentrum, und vieles mehr. Der Preis dieses Grundstückes ist deutlich niedriger als gleichwertige Grundstücke in der Nähe. Es kann das komplette Grundstück oder nur ein Teil erworben werden.
Privacy & Tranquility: Get Away Bungalow

- Price
- $110,000
- 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)
This private lake view bungalow has warmth and charm. A short distance to the popular windsurfing site Tico Wind or to launch your boat. Spectacular view of Lake Arenal. True Costa Rica living with some US comforts.
Casa Ylang Ylang: US Standard Home with 2 Bedrooms, 2 Car Garage with Guest Suite on 1.6 acres-SELLER OPEN TO ALL REASONABLE OFFERS!!

- Price
- $279,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 57
- Property Type
- House
- Beds/Baths
- 3/2
- Beds
- 3
- Baths
- 2
- Location
- Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Lake View, Other
- Total Lot Size
- 0.65 ha (1.61 acre)
- Total Living Area
- 140.00 m² (1,506.94 sq ft)
This beautifully landscaped property is a nature lovers paradise and offers an amazing amount of privacy on 1.6 acres. If you are looking for a place to recharge and relax, this is the place for you! It has a wide variety of spectacular flowers and medicinal plants. The mature fruit trees and raised garden beds allow for homegrown fruits and vegetables. Outdoor sitting areas have been arranged to enjoy the alluring views of both Lake Arenal and its Volcano This open concept, single level home has 2 bedrooms, 1 large bathroom, a fully functional kitchen with granite countertops. Imagine sitting in your fully glassed sunroom watching the Monkeys, Sloth, Toucans, and Hummingbirds in your back yard? The second building has a two-car oversized garage and a lovely 323 sq. ft. guest suite with its own internet connection. This open concept sitting area, bedroom, and full bathroom offer both lake and volcano views. This private suite could be an income generating rental. Enjoy a paved road from the gated entrance to your front door. This home is equipped with a security system as well as an interior camera that can be monitored from anywhere in the world. This property is located in a development with 24-hour security and a wonderful community of caring neighbors who help each other. The community also offers a membership to the Clubhouse, pool, and gym where everyone can gather to socialize or if you are into Tennis and Pickle-ball, the Tennis Shack is only a few minutes away! Come and enjoy this healthy and stress-free lifestyle of Costa Rica. Price unfurnished. Furniture for sale separately.
MAGIC BAMBOO HIDEAWAY: ONLY A FEW STEPS FROM THE LAKE

- Price
- $59,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 16
- Property Type
- Agricultural Land
- Location
- Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Mountain View, Western View, Wooded View
- Total Lot Size
- 1.00 ha (2.47 acre)
BARGAIN: 2,5 acres of land, jungle, creek, and space for building, walking distance to lake access (lake picture taken from the road nearby). The perfect property for those who prefer to live in a quiet and private surrounding, yet only 15 minutes from town. The only noise will come from the large variety of tropical birds and the howler monkeys passing through on their search for food. The property size offers plenty of space for building and growing your own food. The property is located on the public road from Tronadora to Rio Chiquito, with electric power along the road, and potable water from a pipe that runs on one side of the property to a farm nearby. The seller is motivated and will listen to offers.
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.--
Finca San Miguel: The hidden paradise - Waterfalls - Creeks - Springs - Sunset - View of the Nicoya Bay -Price Firm!

- Price
- $349,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 30
- Property Type
- Agricultural Land
- Location
- Cañas, Cañas, Cañas, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Garden View, Greenbelt View, Mountain View, River View, Valley View, Western View, Wooded View
- Total Lot Size
- 26.56 ha (65.63 acre)
Finca San Miguel: The hidden paradise - Waterfalls - Creeks - Springs - Sunset - View of the Nicoya Bay. Located just 30 Minutes out of Tilaran and between rolling hills we find this well maintained farm which is the perfect location for those who want to hide from the world but still be close to amenities. 65+ acres of land, 2 homes, several natural springs and waterfalls, large grass areas and naturally grown forest make this property a real paradise for self sustaining living. There is plenty of space for more building, animals, organic garden, and many other options. Price firm, no financing, serious buyers only ! $349,000.--
Casa tranquila: Serenity At Its Finest-Stunning Lake View Home, Pool, 2 Car Garage With Apartment Above on 8.57 acres

- Price
- $495,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 33
- Property Type
- House
- Beds/Baths
- 4/3
- Beds
- 4
- Baths
- 3
- Location
- Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Lake View, Mountain View, Western View
- Total Lot Size
- 3.47 ha (8.57 acre)
- Total Living Area
- 235.00 m² (2,529.51 sq ft)
This beautifully landscaped 8.57-acre sanctuary with varieties of fruit trees and flourishing Costa Rican flowering plants and trees to attract the many species of birds and wildlife is truly incredible. The main house has 3 bedrooms and 2 baths. There is a separate 2 car garage with an apartment above which is a popular rental. Both are tastefully furnished with local handcrafted Costa Rican artwork. There is also a small pool on the property.