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.
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.
Modern Architecture and beautiful Lake Arenal views: Available for showings as of July 2022

- Price
- $210,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 22
- Property Type
- House
- Beds/Baths
- 2/1
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Other
- View Type
- Garden View, Greenbelt View, Lake View, Mountain View, Western View
- Total Lot Size
- 3,655.00 m² (39,341.94 sq ft)
- Total Living Area
- 120.00 m² (1,291.66 sq ft)
53 properties available
Lake Arenal: Gated Subdivision NO HOA

- Price
- $285,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 10
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View
- Total Lot Size
- 1,758.58 m² (18,929.12 sq ft)
- Total Living Area
- 155.00 m² (1,668.40 sq ft)
Mediterranean Style Home with 3 bedrooms and 3 1/2 baths within 7 minutes from Nuevo Arenal offers all the comforts. Large living area with fireplace, kitchen with separate dining area. Attached garage with storage space. Laundry area and large patio to enjoy the ever changing lake views. A stand of jungle sits below the property making a nice birding area.
VILLA BLANCA : Modern Lake View Home With Land for Self Sustainability - Spacious Home- North American Features and B&B Potential

- Price
- $359,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 16
- Property Type
- House
- Beds/Baths
- 4/3
- Beds
- 4
- Baths
- 3
- Location
- Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View
- Total Lot Size
- 1.54 ha (3.79 acre)
- Total Living Area
- 251.00 m² (2,701.73 sq ft)
Home with over 3 acres located just a few minutes from the town of Nuevo Arenal has high ceilings, a nice sized living area, 4 bedrooms situated for privacy, 3 bathrooms, a separate office space upon entering the house, laundry area, large kitchen/dining area with views of the lake as well as the master bedroom. Hot water throughout the house. Assorted fruit trees and yucca planted on the property.
Lake And Volcano Arenal Parcel With Self Sustainable Potentail: For Those Who Want To Be Off The Grid

- Price
- $745,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 9
- Property Type
- 50% Potrero 50% Montana
- Location
- Rio Chiquita, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Lake View, Other
- Total Lot Size
- 76.53 ha (189.11 acre)
The property has over 26 natural springs and 7 waterfalls within the site boundaries.Located on the south side of Lake Arenal, west of the volcano. Although several smaller towns are adjacent to the site, Tilarán is the regional governing city and is west of the property about 30 minutes away by car. Fortuna is a large city located at the base of the volcano and is about forty-five minutes away. The property is home to hundreds of species of flowers and plants including orchids, wild raspberries, water apple trees, avocados, and many more.
Luxurious Home On 3 + Acres Beautiful Lake and Volcano Arenal View Home With Pool & Pool House / More Acreage Available

- Price
- $1,400,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 29
- Property Type
- House
- Beds/Baths
- 4/4
- Beds
- 4
- Baths
- 4
- Location
- Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Mountain View, Lake View
- Total Lot Size
- 1.40 ha (3.45 acre)
- Total Living Area
- 385.00 m² (4,144.09 sq ft)
Unique design home with 4 bedrooms, 3 baths, a guest bath, bathroom & shower at the pool house. 1,400 square meters (15,064 sq. ft.) of granite and marble imported from Europe with wood accents of Sandal and Cristobal which is next to impossible to obtain these days. Truly a one of a kind home.
Casa Dolce: Excellent First Time Investment Home-$52K OBO- Lot Next Door Is Available For Sale For $20k

- Price
- $52,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 16
- Property Type
- House
- Beds/Baths
- 2/1
- Beds
- 2
- Baths
- 1
- Location
- Sabalito, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Mountain View
- Total Lot Size
- 448.05 m² (4,822.75 sq ft)
- Total Living Area
- 50.00 m² (538.19 sq ft)
Great opportunity for a starter home in Costa Rica. Nice community, safe neighborhood, all amenities and only 15 minutes from Tilaran, the Municipal "Hub" of the Lake Arenal region. This modest home, built with filled concrete block and rebar has had some upgrades such as #6 electrical cable, breaker box enhanced to 8 from 4, new gutters (25 grade) & downspouts (3 inch), 220 in 2 locations, the kitchen and bodega, drainage upgraded, septic upgraded. The house will be primed so the new owner can choose their own colors throughout. There is a small storage building / shop in the back of the house. This area caters to the many windsurf patrons who visit and would make an excellent Airbnb vacation home. Other activities are nearby such as paddle-boarding, yoga, fishing, etc. There is a vacant lot next door available for an additional $20k.
FIVE CORNERS WITH A VIEW - Multiple use property: Private estate, Fairground, Eventcenter, Expo, Open-Air restaurant. Put your ideas to work.

- Price
- $295,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 23
- Property Type
- Mixed Use Building
- Beds/Baths
- 1/1
- Beds
- 1
- Baths
- 1
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Greenbelt View, Lake View, Mountain View, Northern View
- Total Lot Size
- 0.53 ha (1.31 acre)
- Total Interior Area
- 60.00 m² (645.83 sq ft)
This well maintained US Standard home comes completely furnished and features an expansive deck with an awesome view of Lake Arenal, a large living room with panoramic windows, sectional sofa, large RCA Smart TV, twin bed, a spacious bedroom with queen bed, armoire, and desk. The kitchen has a center island with four barstools, new refrigerator, stove, microwave, two large metal pantries, open shelving, and a stackable washer/dryer. In the bath you will find a lovely new glass corner shower with an on-demand water heater. This adorable home features air conditioning, ceiling fans, high ceilings, and WiFi, with easily maintained ceramic tile floors.Additional amenities include a beautiful covered patio, carport, an off-site monitored alarm system with outside security cameras, a lighted observation tower with a spectacular view of the Arenal Volcano, and for the passionate artisan bread- and pizza bakers there is a custom built outside woodfire oven. In addition, there is a large 50’ x 60’ commercial building with a new roof, new metal siding, two lockable storerooms, two bathrooms, lighting, fans, and a brand new wooden stage and dance floor. This building could be used for a myriad of purposes such as a retail store, event center, plant nursery, school, or for industrial purposes with a large grassy parking area. It could be rented out separately for additional income. This 1.3 acre property is completely fenced and beautifully landscaped with tropical plants, grass, and native trees. The property is located at one of the most beautiful spots in the Guanacaste area of Costa Rica with a fabulous view of Lake and Volcano Arenal. It is perfect for those who love to enjoy fabulous sunrises and sunsets, and the surrounding trees teeming with tropical birds including toucans and parrots. Located on the southwest corner of the lake, this property is very private, with an electronic gate driveway entrance, but easy access to the lake road Route 142 which connects the area with the Panamerican Highway. It is a two minute walk to the bus stop with multiple daily embarkments to Nuevo Arenal, Tronadora, and Tilaran, and only a few minutes drive from the latter. Tilaran is a quaint little town that is considered one of the best small communities in the country with many amenities including grocery stores, banks, hardware stores, restaurants, bakeries, medical facilities and other necessities. It is also only a little over an hour drive to the fast growing capital city of Guanacaste Province, Liberia and its International Airport. Another 30 minutes drive takes you to the Pacific Beach of Playa Coco and many other wonderful beach choices up and down the Nicoya Peninsula. Our advantages on Lake Arenal are the cool breezes, fresh air through the forests and the purest drinking water in the country. The earth is so rich here,that everything grows quickly.
Hacienda España: Beautiful Lake and Volcano Arenal View Home With Infinify Pool on 4.3 Acres with 7 Segregated Lots With Approximate Total Acreage of 20 Acres

- Price
- $850,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 13
- Property Type
- House
- Beds/Baths
- 4/4
- Beds
- 4
- Baths
- 4
- Location
- El Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View
- Total Lot Size
- 7.76 ha (19.17 acre)
- Total Living Area
- 300.00 m² (3,229.16 sq ft)
Approximately 20 acres with home and 7 segregated lots for $850,000 Complete privacy surrounded by beautifully landscaped grounds and the ever-changing views of Lake Arenal. Countless varieties of birds including toucans, hummingbirds, and other wildlife of the area. The house is a spacious Spanish hacienda style, quality constructed with several balconies, offering views in all directions. Large kitchen, dining room and living room with wood burning fireplace, 4 bedrooms and 4 bathrooms, separate outside laundry room, large garage and separate workshop which could be converted into another room. Master bedroom and living room have air conditioning for the few rare hot days. For security, there are ornamental window bars on all windows, roll down shutters on sliding doors and electronic alarm system. All spaces, even garage are tiled. There is a dual water system; excellent drinkable “Aguacate” water for indoor use and utility water from the mountains for outside use and swimming pool. Electric lines are oversized copper underground lines with surge protection for the whole house. Forest in the back provides a complete buffer against strong prevailing winds. Located a short distance from the town of Nuevo Arenal for all your shopping needs or 20 minutes from the Municipal hub of the area Tilaran.
Tilaran Home: 3/3 Modern Design on Large Lot

- Price
- $165,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 15
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- Central, Tilarán, Guanacaste, Costa Rica
- Location Type
- Urban
- View Type
- City View
- Total Lot Size
- 623.18 m² (6,707.83 sq ft)
- Total Living Area
- 168.00 m² (1,808.33 sq ft)
Located in a more quiet area of Tilaran this home offers modern conveniences yet close proximity to all amenities. 3 bedrooms with a very large master and 3 Baths. There is a living room, a large dining/family room, laundry area, outbuilding for lawn equipment, covered patio and carport.
Casa Buddha: US Standard Lake View Villa in Gated Subdivision

- Price
- $350,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 17
- 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, Western View
- Total Lot Size
- 2,415.35 m² (25,998.51 sq ft)
- Total Living Area
- 177.00 m² (1,905.20 sq ft)
Beautiful Spanish Style Villa in a gated subdivision of only 5 homes at a short distance to Nuevo Arenal. High Quality construction. Lake- and Sunset view. Professionally landscaped tropical garden. Private setting.
59.5 acres of Prime Farmland With 3 Water Sources Views of Both Lake Arenal and The Nicoya-Stunning Property Priced to Sell

- Price
- $187,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 10
- Property Type
- Agricultural Land
- Location
- Chiripa, Quebrada Grande, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Mountain View, Ocean View
- Total Lot Size
- 7.80 ha (19.27 acre)
This farm is in 3 parcels (40.37 acres/14.099 acres/5.188 acres) with a total measurement of approximately 59.5 acres of prime farmland that can be used for cattle, dairy and or crops. The larger parcel of 40 acres is currently being surveyed and will be added to this listing when it is complete. Excellent location, within 20 minutes to the Municipal "Hub" Tilaran for all services.Several beautiful building sites with corridors of jungle with a multitude of orchids. This is a rare opportunity for the retiree that wants to ride to the top of the hills and call himself the Squire! Buy one parcel or all three! Contact us for more information.