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
BLUE CREEK SUNSET: SOLD !

- Price
- $229,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 25
- Property Type
- House
- Beds/Baths
- 3/2
- Beds
- 3
- Baths
- 2
- Location
- Quebrada Azul, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Mountain View, Western View, Wooded View
- Total Lot Size
- 1,000.00 m² (10,763.87 sq ft)
- Total Living Area
- 180.00 m² (1,937.50 sq ft)
Lake- and sunset view 2-story home on 1/4 acre near the quaint village of Quebrada Azul and 10 minutes from the municipal hub Tilaran. The home offers 3 spacious bedrooms, 2 full baths and 1 half bath, several living areas, large kitchen with hardwood cabinets, spacious covered porches, carport, wood ceilings, wood floors upstairs, panorama windows, laundry area, alarm system, ceiling fans. 90 Minutes from the international airport near Liberia, the capital city of the province Guanacaste. For a day trip, drive to the pacific coast, or to Monteverde cloud forest, to Tabacon hot springs and La Fortuna. For water-sport lovers, Lake Arenal is only minutes away. The area is ideal for outdoor lovers, mountain bikers, horseback riders and hikers.
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 - Seller motivated !

- 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.
CASA TEJONA: US Style home plus Lake and Volcano Views

- Price
- $250,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 12
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- La Tejona, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Lake View, Mountain View
- Total Lot Size
- 1,750.00 m² (18,836.77 sq ft)
- Total Living Area
- 164.00 m² (1,765.27 sq ft)
Casa Tejona is located near Lake Arenal, 15 minutes from Tilarán, Costa Rica. The property measures 1750 square meters, with an American-style house with a total of 164 square meters of construction. The house has a total of 2 bedrooms and 2 baths: 1 master bedroom with a walk-in closet and a full bathroom with a tub. 1 guest bedroom with full bathroom. Large open concept living room, dining room and kitchen. Granite countertops in the kitchen, bathrooms and picnic kitchen. The kitchen comes fully equipped with SAMSUNG appliances, and small Black + Decker appliances. The house can be purchased fully furnished as shown in the photos. It has a picnic area of 30 square meters, and a storage room of 20 square meters. The property has a wide variety of fruit trees and a small stream on one side. Surrounded by open spaces, the property is visited by wild animals such as monkeys, toucans, parrots and parakeets, sloths, deer, coatis, coyotes and many more. Lake Arenal is attractive to people who like outdoor activities such as water sports, cycling, horseback riding, walking and running. There are several Yoga centers and other social entertainment possibilities. Owner financing available. The listing price is fully furnished. Unfurnished = $230,000.--
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.
Hacienda Girasol: SOLD !

- Price
- $539,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 55
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Mountain View
- Total Lot Size
- 1.44 ha (3.56 acre)
- Total Living Area
- 204.00 m² (2,195.83 sq ft)
Lake Arenal View Home with Heated Salt Water Pool, Apartment, Studio/Barn on 3.56 Acres. Beautifully, built to US Standards, 3 bedroom 3 bath home with warm rich wood accents has views from every room. All bedrooms have their own patio to enjoy the views and there is a spacious patio in front. Perfect for entertaining guests with the large kitchen fully equipped with warming station. Outside there is a heated pool with outdoor seating for dining and a guest bath. Below the house is a 900 sq.ft. 1 bedroom apartment also with views of the lake. On the property is a barn type building that could be converted into another apartment (electricity and septic installed). There is plenty of room for another home on this property and if one desires a couple of horses. Recent upgrades to the property: New Dishwasher in main house kitchen (September 2022) New Washer and Dryer in laundry room (January 2023) New microwave oven and stove in Main house kitchen (November 2023) New smart TV (January 2023) New pool pump 3 phase (April 2024) New sink faucet at Rancho (May 2024) Cameras and security lights (April 2024) New light fixtures (5) in apartment (April 2024) New workbench in garage (November 2023) New large solid Guanacaste wood desk in apartment (November 2023) New internet router (quadband) (July 2024) New toilet seats (December 2023) New fruit tree plantings—Breadfruit, Plantain & Barbados cherry New breaker box, moved to laundry from pump room, all new wiring (March 2024) New LinkSys Mesh Wifi 6 5.4 Gps speed router (July, 2024) New LiteBeam internet radio antenna (November 2024) Refinished Rancho chairs, pool deck chairs, and patio rocking chairs (April 2024) Re-upholstered all dining and bar chairs (main house and apartment (December 2022) New drain at back of pool patio to prevent mud accumulation Full roof maintenance and painting, including replacing metal panels and guttering where needed (April 2024). Full maintenance of metal gates, repaired rusted areas and repainted. Serviced automatic gate and garage door (April/May 2024) New silica sand in pool filtration system (replace every 5 years) (May, 2024) Upgrades in electric wiring (April, 2024)