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!
VILLA ORQUIDEA: Beautifully designed Lake View Home in gated community

- Price
- $595,000
- 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)
52 properties available
CASA TANGERINE - GREAT VALUE !: Modest Home on 3 acres lake view and public road front

- Price
- $179,000
- 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 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. Priced to sell at $179,000.--
VILLA DEL SOL: Lake Arenal view home in upscale neighborhood

- Price
- $359,000
- 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 verandah 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.
Hospitality At Its Finest: Character Plus; Fully Renovated Turn Key Boutique Hotel & Restaurant

- Price
- $690,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 26
- 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)
This unique Boutique Hotel has to be the most welcoming venue in the Arenal area. Many tourists on their way to and from La Fortuna that stop in for a break wished they had stayed here. Some have changed their reservations to enjoy the tranquility and peace this hotel has to offer. The hotel has lake access for kayaking and the jungle surroundings has some of the best bird watching in the lake area. Some celebrities and authors have deemed this hotel as their getaway! Rooms Suites for families Owners living area with 2 bedrooms
La Foresta: Building lot of 3+ acres in 2 plots, lake view, large trees. Price Firm, Buyer to pay closing fees.

- Price
- $99,000
- 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)
PRICE REDUCED ! 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
Quintas San Luis: SELLER MOTIVATED ! This 3 acre lot is the last one available in a 14 lot subdivision.

- Price
- $115,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 4
- Property Type
- Home Construction Site
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Mountain View
- Total Lot Size
- 0.83 ha (2.05 acre)
3+ acre property (12159 square meters), building pad with prime views, City water, Public electricity on lot line, high speed internet available, quiet neighborhood surrounded by nature. Fertil soil perfect for small scale agriculture / self sustainable living. Walking distance to bus stop, grocery store, private bi-lingual school, public school, church, and one of the best restaurants in the area. 10 driving minutes to the town Tilaran and 90 Minutes to the Intl. Airport in Liberia which is also a popular destination for shopping trips (Walmart, PriceSmart, etc).
Cinco Esquinas San Luis: Prime location on the main lake Arenal road. Commercial Potential

- Price
- $275,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 6
- Property Type
- Structure with one bedroom on upper floor.
- 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)
Everyone going from La Fortuna to the beaches or the beaches to La Fortuna have to pass by this location. Currently not being used commercially but certainly has the potential to be a popular stop over place. Put your ideas to work. Contact us for more information. The property was formerly used as a Restaurand, and later as a Veterinarian Clinic. Currently it is used as a training center for horses.
Hacienda Poseidon: 33 acre property overlooking Lake and Volcano Arenal

- Price
- $795,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 17
- Property Type
- Development Parcel
- Location
- La Tejona, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Lake View, Mountain View
- Total Lot Size
- 13.34 ha (32.96 acre)
One of a kind property. 33 acres overlooking Lake Arenal and the Volcanos Arenal and Tenorio. The size of the property and public road front allows to subdivide the property into several parcels. Electricity and a water well (registered concession) on the property. 15 Minutes from Tilaran, 90 Minutes from the Intl. Airport Liberia, 2 hours from the nearest pacific beaches.
Mountain Creek Paradise: JUST REDUCED ! River Front and Lake View Property with development potential

- Price
- $200,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 6
- Property Type
- Agricultural Land
- Location
- El Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Riverfront
- View Type
- Greenbelt View, Lake View, Mountain View, Southern View, Western View
- Total Lot Size
- 2.77 ha (6.86 acre)
6.86 Acre river front property with outstanding views of Lake Arenal and beautiful sunsets.The property has city water, well water, electricity and fiber optic internet. The seller is also providing new building plans for a home and a guest house, or hire an architect and put your own ideas to work. The property can be divided into several lots and is therefore suitable for a family project, an eco community, or even a hospitality business due to its proximity to the main lake road. The property size allows for keeping a couple of horses or plant veggies and fruits. For shopping drive to Nuevo Arenal in 15 Minutes, to Tilaran in 25 Minutes, or for the big shopping trip to Liberia in 90 Minutes. The nearest beaches are 2 hours away. Just reduced to $200,000--