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)
52 properties available
Pura Vida Costa Rica: Lake and Volcano view home, Garage and Guest Apartment

- Price
- $599,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 1
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- Río Piedras, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View
- Total Lot Size
- 0.69 ha (1.71 acre)
- Total Living Area
- 93.00 m² (1,001.04 sq ft)
Beautiful and recently upgraded Ranch Style home and the most stunning views you will find in the Lake Arenal area. 2 Bedrooms, 2 baths. Open concept Kitchen-living-dining area with large island for preparation and serving for guests. Large patio area for entertaining. The property has a detached garage with laundry area, and a 1/1 guest apartment. The property size of 1.7 acres offers plenty of space for a pool or more buildings. Conveniently located half way between Tilaran and Nuevo Arenal, and only 90 minutes from the Intl. Airport Liberia. More Photos on request.
Jungle Paradise: Off Grid Studio Cabina Bordered By A Creek-Perfect For The Nomad Lifestyle

- Price
- $109,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 5
- Property Type
- Home Construction Site
- Location
- La Tejona, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Wooded View
- Total Lot Size
- 1,734.99 m² (18,675.20 sq ft)
1/3 of an acre with off grid studio container cabina with 400watt wind generator & 800w solar panels, small fridge works 24/7, Kitchen and bath /hot and cold water, toilet/ gas stove in kitchen. Wood burning Iron stove in the living room, includes raised bed frame with room underneath for a desk or crib. Secure bolt door and metal roll-up to secure the back side. There is a creek bordering this property where the animals come to drink and the bird population is amazing. The owner spotted a Quetzal one day while grooming the lot. 10 minutes from the Municipal HUB of the Lake Arenal area, Tilaran for all your needs. Insulated 44 ft container 8 ft wide, cement floor with 9 ft ceiling with 4x7 ft bath addition. Perfect for the NOMAD lifestyle!
59.66 acres With 3 Water Sources and great views

- Price
- $225,000
- 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
- 24.14 ha (59.66 acre)
This property listing is in 3 parcels. 20 minutes from the Municipal "Hub" Tilaran for all services and not far from popular tourist attractions Vientos Fresco Waterfalls and Monteverde and 1 hour 45 minutes from Liberia International Airport.Several beautiful building sites that would certainly lend itself to Airbnb with corridors of jungle with a multitude of orchids, birds, etc. Buy one parcel or all three! Contact us for more information. Seller Will Consider Any Reasonable Offer!!!
BREEZY HILLS: Lake and Volcano view lot with container cabin

- Price
- $120,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 9
- Property Type
- Home Construction Site
- Location
- Sabalito, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Other
- Total Lot Size
- 0.50 ha (1.24 acre)
CONTAINER CABIN, with bathroom and septic system in place, on Large size Lot for construction, lake and volcano view, quiet and private location. Perfect location to build your dream home with pool, cabins for rental income, plenty of space for organic gardening and fruit trees. If you love watersport, the Ticowind lounchsite is only 5 Minutes away. They offer modern and high end equipment for Wind- and Kitesurf, as well as SUP paddleboards. Wakeboarding is another water sport that has gained popularity over the last few years, you find this option in a quiet bay about 20 minutes away. Other spare time activities in the area are mountain biking, hiking, horseback riding. Close to the lot you find some of the best mountain bike and hiking trails in the country. If you like it more relaxed, there are 2 Yoga retreat centers and 2 famous restaurants in the neighborhood. Drive 25 Minutes to Tilaran, a little over 1 hour to Liberia (Intl.Airport, Walmart, PriceSmart-Costco, Furniture stores, home decor stores, and many more shopping opportunities). In less than 2 hours your reach some of the most beautiful Pacific beaches, or drive in 90 Minutes to Tabacon Hot Springs, in 3 hours to Monteverde Cloud forest. There are countless options.
CASA VIENTO: Heaven on Earth - potential B&B or vacation rental

- Price
- $800,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 23
- Property Type
- Multi family compound, B&B, Vacation rental.
- Beds/Baths
- 8/6
- Beds
- 8
- Baths
- 6
- Location
- El Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Lakefront, Mountain
- View Type
- Eastern View, Lake View, Mountain View, Southern View, Other
- Total Lot Size
- 3,998.47 m² (43,039.00 sq ft)
- Total Living Area
- 400.00 m² (4,305.55 sq ft)
The stunning 180 degree view of Arenal Lake, Volcano and Sunsets is only 1 of many features of this property. On beautifully landscaped grounds we find 3 homes (2 story with balcony each), 1 common building with kitchen and a large storage building including the laundry area. The property is suitable for large families or groups of friends to spend weekends and holidays at the lake, or use it for additional income as a B&B or vacation rental. The property is almost 1 acre of size with large parking areas and plenty of additional space for additional buildings, a pool and / or organic garden to grow healthy food. The property is located on the north-west side of Lake Arenal and only a few minutes from the main road surrounding the lake. The drive to the nearest larger town Tilaran takes less than 30 Minutes and a trip to Liberia (intl. airport, Walmart), or the nearest beach can be accomplished in less than 2 hours.
Tim´s automotive shop: Well established mechanical and body shop

- Price
- $450,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 4
- Property Type
- Mechanical repair and body shop
- Beds/Baths
- -/2
- Baths
- 2
- Location
- Tilarán, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Urban
- View Type
- City View
- Total Lot Size
- 763.00 m² (8,212.83 sq ft)
- Total Interior Area
- 700.00 m² (7,534.71 sq ft)
DISTRESS SALE: This well established mechanical car and body shop has been in business for over 30 years. The owners are now ready to retire and open to offers. Excellent location ! Great value ! All business licenses up to date ! The building is currently used as car repair shop but there are more options for future usage (Gym, Grocery store, hotel etc.) Gut etablierte Autowerkstatt (Mechaniker und Karosserie) ist seit über 30 Jahren im Geschäft und die Besitzer haben beschlossen dass es an der Zeit ist in Rente zu gehen. Sie sind daher für Angebote offen. Erstklassige Lage, guter Preis. Die Immobilie hat alle Lizenzen die für eine Autowerkstatt notwendig sind, sie kann aber auch für andere Zwecke umgebaut werden (Fitnesszenter, Supermarkt, Restaurant, Hotel etc)
Casa Ylang Ylang: U.S. Standard Home with 2 Bedrooms, 2 Car Garage with Guest Suite on 1.6 acres-Established Rental Revenue Property

- Price
- $479,950
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 34
- Property Type
- House
- Beds/Baths
- 3/2
- Beds
- 3
- Baths
- 2
- Location
- Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Lake View, Other
- Total Lot Size
- 0.65 ha (1.61 acre)
- Total Living Area
- 140.00 m² (1,506.94 sq ft)
This home and private suite are popular income-generating rentals if you are not ready to retire! Enjoy a paved road from the gated entrance to your front door. Beautifully landscaped property is a nature lovers paradise and offers an amazing amount of privacy on 1.6 acres. If you are looking for a place to recharge and relax, this is the place for you! It has a wide variety of spectacular flowers and medicinal plants. The mature fruit trees and raised garden beds for homegrown fruits and vegetables. Outdoor sitting areas have been arranged to enjoy the alluring views of both Lake Arenal and its Volcano This open-concept, single-level home has 2 bedrooms, 1 large bathroom, and a fully functional kitchen with granite countertops. Imagine sitting in your fully glassed sunroom watching the Monkeys, Sloth, Toucans, and Hummingbirds in your backyard? The second building has a two-car oversized garage and a lovely 323 sq. ft. guest suite. This open-concept sitting area, kitchenette, bedroom, and full bathroom offer lake and volcano views. This property is located in a development with 24-hour security and a wonderful community of caring neighbors who help each other. The community also offers a membership to the Clubhouse, pool, and gym where everyone can gather to socialize. If you are into Tennis and Pickleball, the Tennis Shack is only a few minutes away! Come and enjoy this healthy and stress-free lifestyle in Costa Rica. The buyer pays a 2% Realtor's commission.
Lake Arenal Hotel & Resort: Well established Hotel overlooking Lake Arenal

- Price
- $2,999,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 17
- Property Type
- Hotel/Resort/Hostel
- Beds/Baths
- 21/21
- Beds
- 21
- Baths
- 21
- Location
- La Tejona, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Garden View, Greenbelt View, Lake View, Mountain View, Northern View, Wooded View
- Total Lot Size
- 4.45 ha (11.00 acre)
- Total Interior Area
- 3,000.00 m² (32,291.60 sq ft)
Outstanding business opportunity. Buy all or a percentage of ownership. Hotel / Resort / Restaurant / Brewery, successfully operating since 1992. The Hotel has 21 rooms with private bathrooms, some with a fireplace and/or kitchenette. Large swimming pool, large jacuzzi, tennis court, large laundry area. Excellent road access, professionally landscaped gardens and green zones. Dairy and pigs on the farm for a great family attraction! Most of the electricity comes from renewable sources (solar, biogas) which keeps the utility bills to a minimum. The bar is rented to a third party and pays a free and clear 25% of total income on a per month basis just as is the restaurant kitchen that pays 15% of plate sales per month, both year round. Note all related expenses including electricity, employees and all purchases generating sales and taxes are paid by the bar-restaurant tenants. The local Chef and his partner are trained in international cuisine, both are dedicated to the restaurant and the client's experience! Great food, great ambiance, and musical events on a regular basis. The on-site 3.5 barrel Regional Brewery pays $2,000 rent per month on 100m2 space and serves as the main attraction for the bar-restaurant. The brewery produces six types of beer, selling them not only at the bar/restaurant but also at La Fortuna Pub and the Monteverde Beer House with additional sales in the capital city ( San Jose), Jaco, and Coco beach among others! The off-premises sales generate traffic to the bar restaurant, quite unusual for a hotel to be known for great and reasonably priced food here in Costa Rica .PRICE FIRM !
Casa tranquila: Serenity At Its Finest-Stunning Lake View Home, Pool, 2 Car Garage With Apartment Above on 8.57 acres

- Price
- $685,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 24
- Property Type
- House
- Beds/Baths
- 4/3
- Beds
- 4
- Baths
- 3
- Location
- Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Lake View, Mountain View, Western View
- Total Lot Size
- 3.47 ha (8.57 acre)
- Total Living Area
- 235.00 m² (2,529.51 sq ft)
This beautifully landscaped 8.57-acre sanctuary with varieties of fruit trees and flourishing Costa Rican flowering plants and trees to attract the many species of birds and wildlife is truly incredible. The main house has 3 bedrooms and 2 baths. There is a separate 2 car garage with an apartment above which is a popular rental. Both are tastefully furnished with local handcrafted Costa Rican artwork. There is also a small pool on the property.
Panoramic Lake/Volcano View Home with Soccer Field:

- Price
- $799,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 8
- Property Type
- House
- Beds/Baths
- 5/4
- Beds
- 5
- Baths
- 4
- Location
- Río Piedras, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Mountain View
- Total Lot Size
- 0.97 ha (2.40 acre)
- Total Living Area
- 400.00 m² (4,305.55 sq ft)
Fully furnished large 5.000 Sq.Ft. home with 3 bedrooms and 3,5 baths, plus attached 2-bedroom guest apartment with full bathroom, kitchen, and a separate entrance. The main house has a spacious, open-concept living-dining area that overlooks the lake and volcano Arenal. There is also a covered porch that wraps around the house, plus a very spacious garage/storage/studio. It comes with a small stable and a small soccer field with bleachers.