RICO REALTY
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, 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
- $589,000
- 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)
53 properties available
Casa tranquila: Serenity At Its Finest-Stunning Lake View Home, Pool, 2 Car Garage With Apartment Above on 8.57 acres

- Price
- $685,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 24
- 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.
COUNTRY INN: PRICE REDUCED, SELLER MOTIVATED, Commercial Property - Rental Business ! 1 Large Home, 5 Bungalows, greenhouse and horse barn on 2.5 acres

- Price
- $399,900
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 100
- Property Type
- Mixed Use Building
- Beds/Baths
- 8/8
- Beds
- 8
- Baths
- 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)
FOR SALE: Commercial Income Property: 2.5 Acre Estate with Main House, 5 Cabins, Greenhouse, Stable & Workshop near Cinco Esquinas, Tilaran, Lake Arenal - $399,900 USD *Financing Available* The prime location of this income property makes it a great hub for both short-term and long-term renters that want to explore some of the best tourist attractions that Costa Rica has to offer, while also enjoying the pleasant climates and peaceful tranquility of Lake Arenal. Located near Lake Arenal’s busiest intersection known as Cinco Esquinas (Five Corners), this beautiful & well maintained 2.5 acre property is a prime location for people traveling from the Pacific coast beaches to the Lake Arenal/La Fortuna area. Located at the intersections of route 142 Tilaran-La Fortuna and Tilaran-Tronadora, the property is 10 minutes from the larger city of Tilarán, where you will find all major amenities. It is just over one hour to the Liberia international airport, 1.5 hours to the La Fortuna hot springs, the world famous town of Monteverde and the fabulous Guanacaste beaches. Surrounded by extensive green areas, you have a clear view of the majestic Arenal Volcano and small view of Lake Arenal. The property offers ample space for relaxation, outdoor activities and room for further development. Each of the five well-built cabins are artfully & separately situated amongst mature & colorful landscaping, providing tropical beauty & private accommodations to all guests. Cabin #1 is the largest cabin with a bedroom, living room/dining/kitchen area, bathroom and covered veranda. Cabin #5 also has a kitchen, with a bedroom, bathroom and covered veranda. These two cabins provide opportunities for long-term rentals. Cabins #2, 3 and 4 each contain a bedroom, bathroom and covered veranda (with space to add kitchens to these cabins as well). All cabins have solar hot water, are equipped with internet and satellite television and are fully furnished. The furnished main house offers 3 spacious bedrooms, 2 bathrooms (each with shower), an open concept kitchen/living/dining room, a laundry room and a large storage room with extra fridge and ample shelving for food storage. The house’s generous covered veranda provides sheltered outdoor living space. The living room also features a rustic wood fireplace, adding a cozy touch to its ambiance. With no close/visible neighbors and cabins tucked away on 2.5 acres, the view from every window is of idyllic & natural Costa Rica. A new greenhouse provides the opportunity to cultivate vegetables, herbs, or flowers for on-site use or potential resale. Mature fruit trees spread throughout the property offer bananas, star fruit, guanabana, moringa, limes, papaya and even some coffee and cacao. The plentiful fruit trees attract many of Costa Rica’s most popular animals like howler monkeys, sloths, parrots, toucans and many other species of birds. This property and the surrounding area is a popular destination for bird lovers. The large horse stable contains two stalls and tack room, is surrounded by crushed rock and a concrete pad, and creates a unique opportunity for equestrian pursuits. Also, centrally located on the property is another large outbuilding, housing the workshop, garden shed and laundry room. The property is serviced with a well and 4,000 liter water tank.
VILLA ORQUIDEA: Beautifully designed Lake View Home in gated community

- Price
- $589,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 40
- Property Type
- House
- Beds/Baths
- 3/4
- Beds
- 3
- Baths
- 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)
This professionally designed and beautifully furnished 3 story home, surrounded by landscaped tropical gardens, is located in a popular gated community on the south side of Lake Arenal in the northern mountains of Costa Rica. The community offers a clubhouse, a community pool, a gym, and many other amenities. The home was built to the highest standards, with a total of 3 bedrooms and 4 full baths, 2 separate open concept living-dining areas and spacious kitchens with high end appliances. Enjoy your morning coffee and happyhour cocktail on the balcony. The home includes a garage, a workshop and storage areas. The property is only 10 minutes from Tronadora 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. Or just hang out at the clubhouse and pool with your neighbors.
Location, Location, Location: Beautiful home in one of the most prestigious neighborhoods!

- Price
- $375,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 20
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- Lomas Del Sol, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Suburban
- View Type
- City View, Mountain View, Western View
- Total Lot Size
- 780.00 m² (8,395.82 sq ft)
- Total Living Area
- 186.00 m² (2,002.08 sq ft)
Sitting above the town of Tilaran in one of the most prestigious areas in the Municipal Hub of the Arenal District. This lovely US standard home sits at the end of the street so there is no traffic noise. Walk to town in 10 minutes or less. All amenities available. Custom woodwork, granite counter tops, hot water throughout, double car carport and garage.Large windows to take advantage of the countryside views and sunsets. This is a must-see for the retiree who needs to have services close by or the family with children who are still in school. Both public and private schools are close to this residence.
BLUE BAY RESORT: Lake Front Hotel and Restaurant

- Price
- $4,000,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 18
- Property Type
- Hotel/Resort/Hostel
- Beds/Baths
- 18/25
- Beds
- 18
- Baths
- 25
- Location
- Puerto San Luis, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Bay View, Eastern View, Garden View, Greenbelt View, Lake View, Mountain View, Northern View
- Total Lot Size
- 6.76 ha (16.70 acre)
- Total Interior Area
- 1,000.00 m² (10,763.87 sq ft)
Well established and fully remodelled Lake Front Hotel and Restaurant on 10 acres with direct Lake shore access and floating dock. The shoreline belongs to the government but it is open to the public. Several commercial buildings, with 18 guest rooms, small restaurant with swimming pool and water slide. The large 2 story restaurant, bar and event building can seat aproximately 200 people. Located 10 Minutes from Tilaran, 90 Minutes from Monteverde Cloud forest, 90 Minutes from the Intl. Airport Liberia, 90 Minutes from La Fortuna and Arenal Volcano. 3 hours from San Jose Intl. Airport. The property size included in the price is 10 acres.
Ideal B & B Property: New Price ! 3 separate Buildings. Lake & Volcano View. Owner financing available.

- Price
- $640,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 22
- Property Type
- House
- Beds/Baths
- 10/6
- Beds
- 10
- Baths
- 6
- Location
- Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Lake View, Other
- Total Lot Size
- 0.63 ha (1.56 acre)
- Total Living Area
- 400.00 m² (4,305.55 sq ft)
This well maintained 1.5-acre property with several buildings is the ideal B&B, earning up to $700 per night. Located on the main lake road in a quaint village of Aguacate. On the property are 2 homes, 2 studios all with views. A total of 10 bedrooms and 6.5 baths on this property, The main house was built in 2006 and the additional buildings were built in 2014-15. Main house: 3 bedrooms (2 bedrooms and a loft) 2 full bath (bathtub) (3,000 sq ft.) Upper house 3 Bedrooms 1 full bath (bathtub) 1 half bath (1,000 sq ft) Lower floor 2 bedrooms 1 full bath (600 sq ft) Studio 1 full bath (bathtub) (300 sq ft) Studio 1 full bath (bathtub) (300 sq ft)
Best Value! US Style Lake Arenal View Home: SOLD ! 3/2 Lake View Home with One Car Garage

- Price
- $220,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 13
- 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)
This 3 bedroom 2 bath Lake Arenal view home is located in a private area close to all amenities. The home comes fully furnished. 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. Walking distance to town.
Retire With Peace of Mind: Luxury Home in Gated Community

- Price
- $330,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 19
- 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. 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.
Celebrity Home with Spectacular Views: Seller Financing With 50% Down-Contact Us For More Information

- Price
- $750,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 34
- Property Type
- House
- Beds/Baths
- 4/4
- Beds
- 4
- Baths
- 4
- Location
- Parcelas Monseñor, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain, Countryside
- View Type
- Mountain View, Valley View, Western View, Other
- Total Lot Size
- 1.00 ha (2.47 acre)
- Total Living Area
- 750.00 m² (8,072.90 sq ft)
Located in the mountains above the city of Tilaran, this extraordinarily large and well built home, on 2,5 acres of professionally landscaped gardens, offers 4 oversized master suites with private luxury bathrooms (tubs and shower), one powder room, large open living-dining and kitchen area, laundry area, screened in porches, ceramic tile floors, tropical wood high ceilings, furniture, cabinets, doors and trims, aluminum framed windows and sliding doors, granite counter tops, modern appliances and custom made furniture. Enjoy the outstanding views of Tilaran, the Guanacaste lowlands all the way down to the Golf of Nicoya, and the beautiful sunsets from most areas of the house and porches. The property includes a caretakers home and has plenty of space to add a pool and more buildings. Very quiet and private location, 10 Minutes from Tilaran, 90 Minutes to the Intl. Airport Liberia, 2 hours from the famous beaches at Golfo de Papagayo. For investment opportunities the rental rates for this property are- $500 per night with a 3 night minimum/ $3,000 per week/ $5,000 per month.
VILLA CAVALIER: Panoramic Views; spacious US Style Home on 12.3 Acres

- Price
- $579,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 55
- Property Type
- House
- Beds/Baths
- 3/2
- Beds
- 3
- Baths
- 2
- Location
- Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View
- Total Lot Size
- 5.48 ha (13.54 acre)
- Total Living Area
- 300.00 m² (3,229.16 sq ft)
12.3 acres of beautifully forested and landscaped property complete with a 2,600+ sq. ft. luxury home that is inviting as well as practical. Enter the property through a private gate that winds up through tropical gardens and at the top a panoramic view of Lake Arenal and Volcano Arenal. The home has 3 bedrooms, 2.5 baths, a huge storage pantry, professionally designed kitchen and a room for entertaining with built in rotisserie BBQ for those special occasions. The barn and training ring were designed by professional horse trainers but can also be served as a spacious shop or whatever the buyer wishes. There are several outbuildings for storage. A separate building for gardening equipment/supplies. This property is beautifully maintained with careful attention to every detail. Other amenities include a one car garage with storage above. A dog kennel that was being used as an aviary. Furniture has changed over time.