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 Hotel & Resort: Well established Hotel overlooking Lake Arenal

- Price
- $2,000,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 15
- 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. 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. Appraised at $2,600,000.-- the hotel is offered for sale at $2,000,000.-- or a 51% ownership at $1,326,000.--
Down by the Creek: Beautiful home surrounded by nature

- Price
- $135,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 24
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- Sabalito, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Garden View, River View, Wooded View
- Total Lot Size
- 1,578.63 m² (16,992.16 sq ft)
- Total Living Area
- 90.00 m² (968.75 sq ft)
$ 135,000 negotiable. This US Standard modern style home is located at the end of a rural street and in front of a small creek. The almost 1000 square feet of living space include 2 bedrooms and 2 full modern bathrooms, open living-dining space, kitchen and laundry area. The extensive covered wood deck invites to enjoy your morning coffee and evening happy hour drink while watching many types of tropical animals in the forest along the creek. The large garden offers plenty of space for a pool, guest house, veggie garden, fruit trees, playground for children and many more options. The seller is motivated and listens to offers.
Just Reduced ! SUPER VALUE- Lake View - Small Cabin on 2.5 acres.

- Price
- $74,900
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 10
- Property Type
- Cabin
- Beds/Baths
- 1/1
- Beds
- 1
- Baths
- 1
- Location
- Tilarán, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View
- Total Lot Size
- 1.00 ha (2.47 acre)
- Total Living Area
- 30.00 m² (322.92 sq ft)
Off the beaten path, basic Cabin on 2.5 acres with view of Lake Arenal. The tiny house has good bones and can be brought back to glory with a small investment. Plenty of room for building a new home, for gardening and animals. The adjoining jungle is home to many tropical birds and mammals. The new owner will have to dig a well. Located at the outscirts of San Luis in a private and quiet setting, the property is only 10 Minutes away from Tilaran and 1 hour from Liberia (intl. airport, Walmart etc)
COUNTRY INN: PENDING SALE!!! MOTEL with 5 cabins, large owners home and utility buildings

- Price
- $380,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 37
- Property Type
- Mixed Use Building
- Beds/Baths
- -/7
- Baths
- 7
- Location
- La Tejona, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Garden View, Greenbelt View, Lake View, Mountain View, Southern View, Western View, Wooded View
- Total Lot Size
- 1.00 ha (2.47 acre)
- Total Interior Area
- 450.00 m² (4,843.74 sq ft)
Well established Motel type business with high occupancy rate all year round. The property has Potential for a Bed & Breakfast, Resort, Retreat center, Hostel ...... put your ideas to work. Located on the main lake road (paved) and only 15 Minutes from Tilaran and 90 Minutes from the Intl. Airport in Liberia. The owners are getting ready to retire and are offering this great opportunity at an extraordinarily low price. All buildings are very well built and in excellent condition. The property of 2.5 acres has its own water well and plenty of unused space for more buildings, a pool, rancho, animals, organic garden, restaurant etc. The following buildings are included: 1 Main residence, 1780 sq.ft, 3 bedrooms, 2 full baths, open concept living/dining/kitchen, large covered porch, laundry area. 5 separate guest bungalows in different sizes, 1 bedroom and 1 bath each. 1 Storage building / covered Carport / Laundry room. Total constructed area 4844 square feet (main house, guest bungalows, utility building) A solar system is providing hot water to all buildings. The property has a large variety of fruit trees, such as bananas and plantains, 2 different types of oranges, 3 different types of lemon trees, papaya trees, star fruit, coconuts, cocoa, grapefruit, tangerines, kumquats, guanabana, guayaba, passion fruit, macadamia nuts, pineapple plants, blackberries, Uchuva, Moringa, Cas fruit and a small vegetable garden. The lake Arenal area is centrally located and many touristic attractions can be reached on a daytrip, to include some of the beautiful pacific beaches, Monteverde cloud forest, Vientos Frescos Waterfalls, Rio Celeste (the blue river), Corobici River Rafting, Arenal Volcano, Tabacon Hot Springs and the tourist town La Fortuna. The quaint town of Tilaran offers everything for your daily needs. For major shopping one can make a trip to Liberia (Walmart) or San Jose (PriceSmart) etc. Lake Arenal is also famous for its many options of outdoor activities, such as hiking, biking, horseback riding, windsurfing, wake boarding and paddle boarding. The area is home to many expats from all over the world who will be more than happy to welcome you to the neighborhood. Showing instructions: The property can only be shown on a weeks notice to make sure the cabins are unoccupied. SERIOUS BUYERS ONLY, NO SCOUTS !
VILLA ORQUIDEA: Designer Home in Lakeside Community

- Price
- $399,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 20
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- 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
- 250.00 m² (2,690.97 sq ft)
This professionally designed and well built luxury 3-Story home is hiding in paradise gardens on top of a hill overlooking Lake Arenal and the surrounding mountains. Beautifully landscaped grounds add to its attractive appearance. Located at the edge of a semi-gated community with 24/7 security service, a club house and a large community pool. The large basement can be easily converted into apartments, a Gym, Yoga room, Spa, Shop ........ put your ideas to work.
Location, Location, Location: Beautiful home in one of the most prestigious neighborhoods!

- Price
- $375,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 20
- Property Type
- House
- Beds/Baths
- 2/2
- Beds
- 2
- Baths
- 2
- Location
- Lomas Del Sol, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Suburban
- View Type
- City View, Mountain View, Western View
- Total Lot Size
- 780.00 m² (8,395.82 sq ft)
- Total Living Area
- 186.00 m² (2,002.08 sq ft)
Sitting above the town of Tilaran in one of the most prestigious areas in the Municipal Hub of the Arenal District. This lovely US standard home sits at the end of the street so there is no traffic noise. Walk to town in 10 minutes or less. All amenities available. Custom woodwork, granite counter tops, hot water throughout, double car carport and garage.Large windows to take advantage of the countryside views and sunsets. This is a must-see for the retiree who needs to have services close by or the family with children who are still in school. Both public and private schools are close to this residence.
Buy all or part: Breathtaking Gardens and Lake View: Home with pool and guest house

- Price
- $389,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 8
- Property Type
- House
- Beds/Baths
- 3/2
- Beds
- 3
- Baths
- 2
- Location
- Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Garden View, Lake View
- Total Lot Size
- 2.42 ha (5.98 acre)
- Total Living Area
- 120.00 m² (1,291.66 sq ft)
UNIQUE Opportunity; 2 homes and pool on 6 acres. The main Lake view home, 1,300 sq. ft. is a 3 bedroom 2 bath home with a swimming pool. The second home is a 2 bedroom 2 bath home of 1,300 square feet. The property is gated and convenient to the Town of Nuevo Arenal.................. Main house and 4.68 acres: $299,000.-- Cabina and 1.32 acres: $189,000.-- Total Both houses and 6 acres: $389,000.--
PRIME LOCATION/BUSINESS OPPORTUNITY: LAKE VIEW HOBBY HOTEL-RESTAURANT-BAR

- Price
- $599,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 12
- Property Type
- HOTEL/BAR/RESTAURANT
- Beds/Baths
- 14/14
- Beds
- 14
- Baths
- 14
- Location
- Río Piedras, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Lake View
- Total Lot Size
- 1.09 ha (2.69 acre)
- Total Interior Area
- 850.00 m² (9,149.29 sq ft)
Situated on the main lake road with 2.69 acres. 14 rooms, 8 bungalow style and 6 rustic lodge rooms, a large restaurant area for guests with adjoining bar. Perfect location for travelers, windsurfers, community activities, weekenders with close access to the lake and windsurf site Tico Wind.
All in one : Volcano-Lake-Jungle view: Large property for construction and hobby farming

- Price
- $149,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 17
- Property Type
- Home Construction Site
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Eastern View, Lake View, Mountain View, Northern View, Wooded View
- Total Lot Size
- 1.39 ha (3.43 acre)
$ 149.000.-- priced to sell. Large property of 3.4 acres with outstanding volcano- lake- and mountain views. The north view offers a scenic view of the lake, while to the east is a magnificent panorama of the San Luis Bay and Arenal Volcano. Towards the south, one can see the magnificent rolling hills and farmland above cinco esquinas. Finally, the area towards the west is virgin jungle offering seclusion and corridors for the howler monkeys and other wildlife. Mostly grassland with a large, accessible building site and large trees in the back of the property. The adjacent property has an access with easement where the utilities run underground, and it also has public road front. The property itself and the neighboring forest are home to many tropical animals such as monkeys and wild turkeys, parrots and toucans, coatis and sloths, and many more. Perfect for bird watchers and nature lovers. The property provides plenty of space for several buildings, to include main residence, guest house, pool, horse barn, and also for gardening and landscaping. Located in a very private and secure area, with only 2 very nice neighbors, yet close to town for all services and shopping. 10 Minutes from Tilaran, 90 Minutes from Liberia and the Intl. Airport. A little over 2 hours from the nearest Pacific beaches.
Lakefront Lot: Over 1/4 Acre With Extraordinary Views of Lake Arenal

- Price
- $150,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 2
- Property Type
- Home Construction Site
- Location
- Puerto San Luis, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Mountain View, Lake View
- Total Lot Size
- 1,482.42 m² (15,956.57 sq ft)
Over 1/4 acre lakefront lot with all amenities. A must see if you are thinking of building and living in Costa Rica part time or full time. Excellent investment.