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!
59 properties available
VILLA AMANDA: Urban Style Home in Rural Setting
- Price
- $175,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 41
- Property Type
- House
- Beds/Baths
- 2/1
- Beds
- 2
- Baths
- 1
- Location
- Quebrada Azul, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Suburban
- View Type
- Greenbelt View, Mountain View
- Total Lot Size
- 390.00 m² (4,197.91 sq ft)
- Total Living Area
- 100.00 m² (1,076.39 sq ft)
Beautiful modern home, professionally and tastefully designed and built to the highest standards. This home offers 2 bedrooms and 1 bath, open concept dining-living area and kitchen, large porches and a garage, with the possibility of expansion. Conveniently located on a paved road (keep your tires and shoes clean) and in the hills near Tilaran, which is the municipal hub of the Lake Arenal Area. The lot size of 1/10 of an acre is great for those who want to keep life simple and not spend their days cutting grass and pickind weeds. More land is available for sale right next door. Wide open views towards the Guanacaste Lowlands. The drive to Tilaran takes aproximately 10 minutes, in 25 minutes you reach Cañas, and in 1 hourr you reach Liberia with an international airport (LIR) and many shopping opportunities. The nearest beaches are approximately 2 hours away. Take the day off and make a day trip to La Fortuna-Tabacon Hot Springs and Arenal Volcano park, or to Monteverde Cloud forest with its many tourist attractions. With the purchase of this home you are eligible for residency as an investor (minimum investment $150,000 in real estate). The seller, who is also the builder, designer and architekt of the home, is offering his services in case the buyers wish to add a second bedroom, bathroom or whatever comes to their mind.
SUNNY BAY VILLA: Duplex in Gated Lakeside Community with Clubhouse and Pool
- Price
- $380,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 8
- Property Type
- Multiplex
- Beds/Baths
- 4/4
- Beds
- 4
- Baths
- 4
- Location
- Puerto San Luis, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Bay View, Garden View, Lake View, Mountain View
- Total Lot Size
- 371.88 m² (4,002.87 sq ft)
- Total Living Area
- 200.00 m² (2,152.77 sq ft)
On the Sunny side of Lake Arenal, at walking distance to lake access and a lake front restaurant, we find this modern 2 story home, built of solid steel and concrete. The 2 stories are completely separate, offering 1000 sqft of living space plus 300 sqft of covered front porch each. Live in one unit and rent out the other unit for additional income. Custom (solid wood) cabinets. Bay window in kitchens. Upstairs unit has lake view, downstairs has 1/2 bath Plumbed for both gas and electric stove and dryer (has gas stove and dryer) At walking distance to the small pueblo San Luis with 2 mum-and-pop grocery stores and 2 restaurants (local and international cuisine). A 10 minute drive or bus ride takes you to the municipal hub Tilaran, with its many supermarkets, banks, medical and dental clinics, pharmacies, hardware stores, mechanics, appliance stores, municipal offices, main bus station, etc. The area around the lake offers many ways to entertain yourself. Sports and outdoor activities, as well as social activities, can be found at every corner. The International Airport LIR (Liberia) is only 90 minutes away and the nearest beaches can be reached in 2 hours. Take the day off and make a day trip to La Fortuna-Tabacon Hot Springs and Arenal Volcano park, or to Monteverde Cloud forest with its many tourist attractions. With the purchase of this home you are eligible for residency as an investor (minimum investment $150,000 in real estate).
UNDER CONTRACT, SALE PENDING ! BLUE CREEK VILLA - Smart Home in Paradise - Seller Motivated !
- Price
- $275,000
- Status
- Pending Sale
- Listing Type
- Residential Sale
- Images
- 37
- Property Type
- House
- Beds/Baths
- 3/1
- Beds
- 3
- Baths
- 1
- Location
- Quebrada Azul, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Garden View, Mountain View, Wooded View
- Total Lot Size
- 1.40 ha (3.46 acre)
- Total Living Area
- 175.00 m² (1,883.68 sq ft)
HUGE PRICE DROP (original price $395,000) This modern and well designed home offers 3 bedrooms, 1 1/2 baths, Living-dining-kitchen area, laundry room, attached garage, as well as an alarm system, automated locks, lights and cameras. The fully fenced property with plenty of space for more buildings, a pool, horses, cows, or an organic plantation, is located in the quiet mountain village Quebrada Azul, just a few miles from the municipal hub Tilaran.The many trees on the property, and the surrounding forest are home to a variety of exotic animals. In only 5 minutes you can drive to Lake Arenal. Make a day trip to the Tabacon hot springs or to Monteverde cloud forest. The lake Arenal area is home to many expats who keep themselves busy in a variety of social groups and animal welfare groups. For the more "sporty" ones among us, there are pickleball courts, hiking groups, windsurfers, wakeboarders etc. The Intl. airport Liberia is a short 90 minute drive away, the nearest beaches are reachable in less than 2 hours. Liberia is the capital of the province of Guanacaste, where you can find private and public hospitals, and lots of shopping opportunities.
BAY VIEW PARADISE: Large Building Lot, Lake Arenal View
- Price
- $119,900
- Status
- Active
- Listing Type
- Land Listing
- Images
- 6
- Property Type
- Home Construction Site
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Bay View, Lake View, Northern View
- Total Lot Size
- 0.77 ha (1.90 acre)
GREAT DEAL ! Beautiful 1.9 acres Building Lot with lake Arenal views. The lot is ready for construction with water meter installed and electricity on lot line. Conveniently located on a quiet country road, at walking distance to the center of the small village San Luis where you find one of the best restaurants in the area, as well as a bus stop, small grocery stores, church, public and private (English speaking) schools, and lake access at the nearby San Luis bay. A 10 minutes drive or bus ride takes you to the municipal hub Tilaran. In 90 Minutes you reach the intl. airport Liberia where you also find numerous shopping opportunities. Add another 30 minutes and enjoy the rest of the day at one of the beautiful beaches on the Nicoya Peninsula. Lake Arenal offers many spare time activities, such as Watersports, Tennis- and Pickleball, Farmers Markets, Hiking groups, social meetings, animal welfare groups, and many more.
Shades of Gray: Reduced ! Beautiful Lake View Vacation Home on half acre (Additional land available)
- Price
- $199,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 11
- Property Type
- House
- Beds/Baths
- 2/1
- Beds
- 2
- Baths
- 1
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain, Suburban, Urban
- View Type
- Greenbelt View, Lake View, Mountain View, Northern View
- Total Lot Size
- 2,068.00 m² (22,259.68 sq ft)
- Total Living Area
- 80.00 m² (861.11 sq ft)
This new 2 bedroom home is situated on a lake view lot in San Luis and has been custom built featuring standard block construction, standard block and concrete foundation, ceramic flooring throughout, solid wood Guanacaste cabinetry, Guanacaste furniture, kitchen appliances, washing machine, granite counter tops, large 3 person breakfast bar, an on-demand hot water heater, ceiling fans and a whole house surge protector. Own your own piece of Paradise in this a cozy retirement nest. It's a perfect place to sit back on your verandah and enjoy the lake view as you sip your morning coffee watching another sunrise. The property is 2,068 square meters or 22,259 square feet in a tranquil area of San Luis on a quiet road with only a handful of neighbors. This area has an abundance of large trees which invites parrots, toucans and butterflies to visit and larger visitors like the occasional monkey, coatis, jaguarundi and even a deer family may make an appearance. Step inside to an open floor plan with vaulted cedro ceilings and large windows facing the lake. These windows permit natural light to flood the house and frame a picture perfect lake view. The roof has special 3 ply panels that contain a thick polymer carbon fiber core sandwiched between 2 layers of solid UPVC skins. This roof cuts out most of the rain and wind noise so you can actually think and speak in the house during storms. An alarm system with 4 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. Fiber Optic cable is available. Only a few minutes walk to services in town. Additional 1 3/4 acre lot with 2 building sites and city water available at $120,000.-- (make a package offer !)
Villa Corazon: Unique LAKE FRONT property, 2 Villas and Tiny house on 5 acres with lake access.
- Price
- $1,650,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 67
- Property Type
- Multiplex
- Beds/Baths
- 7/7
- Beds
- 7
- Baths
- 7
- Location
- Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Bay View, Garden View, Greenbelt View, Lake View, Mountain View, Western View, Wooded View
- Total Lot Size
- 2.00 ha (4.94 acre)
- Total Living Area
- 759.00 m² (8,169.78 sq ft)
One of very few lake front properties on Lake Arenal. Direct Lake Access ! 2 Side by side villas with adjoining natural stone breezeway between. 7 bedrooms, 7.5 baths. Each villa has a first-floor bedroom.Meditation/Yoga Studio with hardwood floors (7th bedroom). Open spacious floor plans. Both villas custom designed and craftsman built using high-end materials and trims throughout. 2 car garage with covered roof top terrace and spiral staircase towards the lake side garden. Expansive lake view terraces. Exterior tool storage building. 4 outdoor water features to include Koi, fountain, turtle and frog ponds, garden paths with exotic trees, fruit trees, and flowers that lead to the lake. Covered yoga platform surrounded by jungle. The tiny house is made of a 20 ft container, beautifully converted into a cozy tiny home, with added terrace and extensive roof. Lots of animal activity! Internet, cables for satellite TV and phone lines are installed, and both villas wired for surround sound. Total lot size 20,043.58
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.


