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!
66 properties available
Finca Los Angeles: JUST REDUCED ! 281 Acre Farm with River, Lake, and Sunset views
- Price
- $1,500,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 13
- Property Type
- Agricultural Land
- Location
- Los Angeles, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Mountain View, Valley View, Wooded View
- Total Lot Size
- 113.83 ha (281.28 acre)
This beautiful property is conveniently located near the quaint town Los Angeles, 15 Minutes from Cañas, 15 Minutes from the municipal hub Tilaran, 25 Minutes from Lake Arenal and only 1 hour from the Intl. Airport Liberia. Part of the farm has grown forest, the other part is open grassland. The property is suitable for raising cattle, keeping horses, or for recreational use. The AyA city water line is crossing the property. Electricity is at a short distance. The seller is motivated and will listen to offers.
Harmony Haven: Lake Arenal View Home and Guest Casita
- Price
- $235,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 28
- Property Type
- House
- Beds/Baths
- 4/3
- Beds
- 4
- Baths
- 3
- Location
- Río Piedras, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View
- Total Lot Size
- 1,890.38 m² (20,347.80 sq ft)
- Total Living Area
- 167.00 m² (1,797.57 sq ft)
The Perfect Lake Arenal Escape: Views, Space, and Rental Income - Your Dream Costa Rica Lifestyle Awaits ! Nestled on nearly half an acre of lush, landscaped grounds, this 4-bedroom, 3.5-bathroom estate serves up jaw-dropping views of Lake Arenal and rolling green hills. The main residence shines with exotic tropical wood ceilings, custom doors, a massive kitchen, and sun-drenched open living areas. Step outside onto the expansive covered terrace to soak in the breeze and the world-class scenery.The property is immaculately maintained and structurally sound, but priced competitively to allow for your personal updates and upgrades. It is the ultimate canvas to build instant equity. Key Property Features: Separate Guesthouse: Private 1-bedroom unit perfect for rental income, visitors, or extended family.Outdoor Living: Established tropical gardens, mature fruit trees, and a cozy fire pit area.Eco-Friendly Amenities: Fully equipped solar hot water system for lower utility bills.Secure & Private: Fully gated entrance ensures peace of mind and total seclusion. Prime Location: Nuevo Arenal and Tilaran: Local dining, shopping, and amenities are just 20 minutes away. La Fortuna: Iconic volcano adventures and hot springs just 1 hour from your door. Liberia: International Airport & Beaches, Sun, sand, and global travel are a smooth 90-minute to 2 hours drive. Whether you want a permanent relocation, a peaceful vacation getaway, or a high-yield investment property, this estate delivers unmatched value in Costa Rica's premier lake community.
VISTA BAHIA : Newly remodelled Home on 3 acres lake view and public road front
- Price
- $279,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 13
- Property Type
- House
- Beds/Baths
- 3/1
- Beds
- 3
- Baths
- 1
- Location
- Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Garden View, Lake View
- Total Lot Size
- 1.19 ha (2.94 acre)
- Total Living Area
- 80.00 m² (861.11 sq ft)
This solid and modest home offers 3 bedrooms, 1 full bath, an open concept living-dining area, kitchen and front porch. The large property has 86 meters of public road front which makes it suitable for further subdivision, or build your dream home with pool, and turn the existing home into a guest house or rental home for additional income. The home is located 5 Minutes from the center of Tronadora, 5 Minutes from Lake Access (Water Sport), 10 Minutes from the Municipal Hub Tilaran and 90 Minutes from the international airport Liberia. The area has several good restaurants serving international and local food. Tronadora and Tilaran both offer everything you need for your daily life.
VILLA DEL SOL: Reduced ! Lake Arenal view home in upscale neighborhood
- Price
- $329,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 16
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Bay View, Garden View, Greenbelt View, Lake View, Mountain View, Northern View, Wooded View
- Total Lot Size
- 2,874.00 m² (30,935.36 sq ft)
- Total Living Area
- 100.00 m² (1,076.39 sq ft)
Brand new 2 bedroom 2 bath home nestled on a lake view lot in San Luis, custom built to North American standards with features such as ceramic flooring throughout, solid wood Guanacaste cabinetry and furniture, stainless kitchen appliances, granite counter tops, large 3 person breakfast bar, an on-demand hot water heater, ceiling fans and a whole house surge protector all of which are designed for easy living. The property is 2,874 square meters or 30,935 square feet and situated in a tranquil area of San Luis towards the end of a quiet road. This well treed area is a welcome invitation to toucans, parrots, butterflies and larger visitors such as the occasional monkey, coati and even a deer family. The impressive Guanacaste front door invites you inside to an open floor plan with vaulted cedro ceilings and large windows which flood the area with excellent natural light. From the kitchen and living room, the wall to wall windows and patio doors frame a peaceful lake view. The roof has special 3 ply panels that contain a thick polymer carbon fibre core sandwiched between 2 layers of solid UPVC skins. This roof cuts out most of the rain and wind noise. An alarm system with 5 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. Beyond the patio doors the private covered patio is a space to entertain, or just relax and enjoy as you wish. You will truly feel this is your home from the moment you enter.
VOLCANO SUNRISE: Mountain top retreat overlooking Lake Arenal and 3 volcanoes
- Price
- $1,300,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 34
- Property Type
- Villa
- Beds/Baths
- 7/9
- Beds
- 7
- Baths
- 9
- Location
- Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Eastern View, Garden View, Lake View, Mountain View
- Total Lot Size
- 1.68 ha (4.15 acre)
- Total Living Area
- 490.00 m² (5,274.30 sq ft)
Magnificent Lake Arenal estate with multiple residences, lake and volcano views. Discover an extraordinary opportunity to own a 5,000 sq ft luxury compound perfectly situated for privacy and stunning panoramic vistas. The main 7-bedroom, 9-bath home is meticulously crafted with a modern beach house aesthetic and a brilliant custom design. The central great room flows into the kitchen and pool, creating an ideal setting for entertaining, while four separate, independent bedroom units offer private retreats, each with its own lake view. This property is more than just a home; it's a private estate. It includes two fully self-contained cottages, both offering lake views and the potential for significant rental income. A dedicated caretaker's house ensures the property is always expertly maintained. Mature landscaping and a variety of fruit trees add to the tropical appeal. The estate's ideal location offers the best of both worlds: serene, private living near Tronadora and Tilarán, with world-class amenities in Liberia just 90 minutes away. Enjoy a lifestyle of adventure and relaxation with easy access to Lake Arenal's many activities, from water sports to bird-watching. Spend your days on the lake, on a local hiking trail, or on a scenic day trip to the Monteverde Cloud Forest, or the world famous Tabacon Hot Srpings. This property offers a complete and luxurious lifestyle.
Hospitality At Its Finest: Turnkey Luxury Retreat: Lakeside Boutique Hotel & Eco-Sanctuary
- Price
- $690,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 22
- Property Type
- Hotel/Restaurant/Bar
- Beds/Baths
- 8/10
- Beds
- 8
- Baths
- 10
- Location
- La Unión, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View
- Total Lot Size
- 1,803.00 m² (19,407.25 sq ft)
- Total Interior Area
- 647.00 m² (6,964.22 sq ft)
Where Nature Meets Homely Elegance Seize a rare opportunity to own what is arguably the most welcoming venue in the prestigious Lake Arenal region. This two-story boutique hotel is a masterclass in hospitality, designed for travelers looking to "unplug" and reconnect with the vibrant Costa Rican wilderness in a refined, domestic setting. Unmatched Location & Outdoor Adventure: Direct Lake Access: A rare asset! Your guests can launch kayaks directly near the property to explore the largest lake in Central America. A Birder’s Paradise: The hotel is nestled in a lush jungle environment that serves as a natural corridor for hundreds of tropical species—perfect for bird watchers and nature enthusiasts. Adventure Hub: Located in a high-demand tourism zone near La Fortuna, providing easy access to volcano tours, hot springs, and hiking. Property Highlights & Amenities: 5 Themed Guest Suites: Each suite is individually designed with unique character, offering an immersive and tranquil experience for guests. Full-Service Dining: Includes a charming on-site restaurant and bar, allowing for high-margin food and beverage revenue. Outdoor Living: A refreshing swimming pool surrounded by tropical gardens, providing a serene social hub for guests to unwind after a day of adventure. Investment Potential This property represents a turnkey business opportunity in one of Costa Rica’s fastest-growing real estate markets. With established infrastructure and a reputation for tranquility, it is ideal for an owner-operator or an investor seeking a profitable eco-tourism asset.
La Foresta: Beautiful Building Lot of 3+ acres in 2 plots, private and quiet setting, lake view, large trees, SELLER will pay closing costs !
- Price
- $135,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 5
- Property Type
- Home Construction Site
- Location
- Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain, Suburban
- View Type
- Lake View, Mountain View, Wooded View
- Total Lot Size
- 1.27 ha (3.14 acre)
If you like it private and quiet, yet close to town for all amenities, this lot is for you ! The property is at walking distance from lake access, the center of Tronadora, and 10 driving minutes from the municipal hub Tilaran. A 90 minutes drive takes you to Liberia where you find an international airport, a first class private hospital and many shopping opportunities. Add another 30 minutes drive and visit one of the beautiful beaches on the Nicoya peninsula. With city water and electricity at lot line, and already subdivided into 2 lots, this property is ready to build a couple of homes with pool, guest houses, buildings for animals, greenhouses .... just put your ideas to work.
Quinta Aurora: Mountain and Lake View lot, ready for construction
- Price
- $92,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 7
- Property Type
- Home Construction Site
- Location
- Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Mountain View, Northern View
- Total Lot Size
- 2,609.60 m² (28,089.39 sq ft)
This property is just over half acre of size and is located in a private subdivision, at walking distance to the Tronadora town center with a bus stop, shopping, restaurants, school and church, and only 5 minutes from Lake access. The larger town Tilaran is only 15 driving Minutes away. Suitable for residential construction, the lot offers plenty of space for a pool, a guest house, animals and a veggie garden. You can reach Liberia (intl. airport, Walmart, PriceSmart/Costco and many more great stores) in 90 Minutes, and some of the most popular beaches on the Nicoya Peninsula in less than 2 hours. The lot has access to city water and public electricity.
Lake and Volcano Splendor: Casa Linda Vista: Unique Design To Capture The 270 Degree Views
- Price
- $569,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 24
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- El Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Lake View, Western View, Other
- Total Lot Size
- 1,506.00 m² (16,210.38 sq ft)
- Total Living Area
- 261.00 m² (2,809.37 sq ft)
With 24/7 Security! Modern 3/ 3 home with a chefs kitchen and pantry, uniquely designed with open concept, high ceilings and wrap around covered deck with incredible lake and volcano views. This large home offers 3,440 square feet under roof with 2,806 square feet of living space built in 2014 and upgraded in 2022. The master bedroom and lounge have a direct view of the volcano and lake. Watch the sunrise over the volcano with an early morning coffee, or the sun set with a cocktail over the far end of the lake, hills and windmills. This home captures both perfectly. Improvements include 5 AC units, Fiber Optic Internet, New appliances,Mini Freezer, 400 sq ft added for dining area, Additional insulation, Extended roof area, Cable lighting, LED lighting in Master bath,China Hutches/Dry Bar-Bookcases/CD & DVD Case, Fully fenced yard front and back, Low Voltage Landscape lighting. A spacious garage with full laundry, and full bathroom sits underneath. The home has its own private gate and is situated on a 1,506 square meter lot. Located just a few hundred yards from the waters edge with a boat launch ramp, boat dock and boat storage area. 24 Hour Security Community Pool Home Comes UNFURNISHED
Five Corners Business Hub: Prime location on the main road surrounding Lake Arenal.. Commercial Potential !
- Price
- $279,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 24
- Property Type
- Other
- Beds/Baths
- 1/2
- Beds
- 1
- Baths
- 2
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Greenbelt View
- Total Lot Size
- 4,362.34 m² (46,955.65 sq ft)
- Total Living Area
- 100.00 m² (1,076.39 sq ft)
Standout investment opportunity, strategically positioned on the main road connecting La Fortuna to Monteverde and the Pacific beaches—one of the most transited routes in the region and a prime corridor for Lake Arenal real estate. With the area’s major tennis and pickleball center located directly next door, the property benefits from consistent local activity in addition to year-round tourist flow. Set on nearly 4,400 m² of land with approximately 375 m² under roof (including a second-floor bedroom and bathrooms), the property offers generous parking areas, flexible indoor-outdoor layouts, and a creative architectural style that immediately distinguishes it from conventional commercial buildings. The site has a strong track record of adaptability. Previous uses include a restaurant, offices, a veterinary clinic, and most recently a horse rehabilitation center—demonstrating the versatility and broad potential of the space. With its indoor-garden concept, open-air corridors, and wide surrounding areas, the property is well suited for a café, wellness/fitness retreat, artisan workshop, retail-office hybrid, or a mixed-use entrepreneurial project. Its greatest asset is its unmatched visibility and exposure. Every traveler moving between La Fortuna and the Pacific beaches passes directly in front of the property. Combined with the steady traffic generated by the neighboring tennis/pickleball hub, this site enjoys guaranteed vehicle and pedestrian flow—a major advantage for any commercial venture. The existing structure, measuring roughly 415 m², will require maintenance and repairs, which naturally aligns with the renovation and customization any investor or entrepreneur would undertake to adapt the space to their specific vision. With an attractive asking price and significant potential for expansion and redevelopment, this property is an exceptional opportunity for investors, business owners, or creative visionaries seeking a strategic foothold in one of the most unique and dynamic areas of Costa Rica—an excellent addition to the growing demand for Costa Rica real estate.
