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!
Dream house for sale, Lakefront home with paradise tropical garden

- Price
- $1,900,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 56
- Property Type
- Villa
- Beds/Baths
- 7/7
- Location
- Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Lake View
- Total Lot Size
- 2.00 ha (4.94 acre)
- Total Living Area
- 570.00 m² (6,135.40 sq ft)
54 properties available
Lake Arenal Hotel & Resort: Well established Hotel overlooking Lake Arenal

- Price
- $2,000,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 14
- 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.--
CITY LIVING: Residential Building Lot in Upscale Neighborhood

- Price
- $80,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 4
- Property Type
- Home Construction Site
- Location
- Lomas Del Sol, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Urban
- View Type
- City View, Garden View, Mountain View, Wooded View
- Total Lot Size
- 1,665.00 m² (17,921.84 sq ft)
REDUCED PRICE ! Building lot in upscale neighborhood at the edge of Tilaran. Paved roads. All services available. Excellent location. Reasonably priced to sell. This is one of the larger lots in the development with plenty of room for several homes, pool, garden, etc. The lot is located 5 walking minutes from a small private school and 1/2 mile from town center with all amenities. In 15 Minutes you can drive to Lake Arenal with its many options for outdoor activities and some of the best restaurants in the area. The international airport Liberia is only a 90 Minutes drive away. Add another 25 Minutes and get to some of the most beautiful beaches in the Papagayo area. In 2 hours you can reach the Monteverde cloud forest or the world famous Tabacon Hot Springs near La Fortuna and the Arenal Volcano.
SILENT WINGS: Beautiful Ranch Style Home with B&B Potential

- Price
- $550,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 26
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- El Aguacate, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Lake View, Mountain View
- Total Lot Size
- 2.21 ha (5.46 acre)
- Total Living Area
- 250.00 m² (2,690.97 sq ft)
Ranch style home.Fully Furnished. This beautiful home has 2 super front and rear patios to enjoy Lake Arenal area views and the famous Costa Rican sunsets. Included in this home are 3 bedrooms, 3½ bathrooms in a large open area design concept living-dining and kitchen plus a laundry room. Home could easily be used as a B&B as all 3 bedrooms have access from the patio and private bathroom. The master suite includes a walk-in closet. Also new, 85 m2 guest house/caretakers home, 1 bedroom with walk-in closet, 1 full bath, living/dining/kitchen, laundry area, 2 large covered terraces. The large lot has plenty of space for more buildings, pool, veggie garden, animals, recreational areas etc. Only 15 Minutes from Nuevo Arenal and 30 Minutes from Tilaran. An absolute highlight is the private access to the river with the opportunity to swim in a jungle lagoon. The well-kept park area has various fruit trees, mango, orange, grapefruit, lemon, tangerine, avocado, banana, corn and yucca etc. all these fruits can be harvested all year round. There are also 95 coconut trees. For the passionate gardener there is plenty of room for more.
3/2 DESIGNER VILLA WITH ARENAL VOLCANO VIEW

- Price
- $424,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 20
- Property Type
- House
- Beds/Baths
- 3/2
- Beds
- 3
- Baths
- 2
- Location
- Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Other
- Total Lot Size
- 0.71 ha (1.75 acre)
- Total Living Area
- 190.00 m² (2,045.13 sq ft)
This property is situated in a small gated community with private drive and separate security gate only 10 minutes to Lake Arenal, Nuevo Arenal Main Street with all amenities. 3BR, 2 BA low maintenance and sustainable finishes with wrap around veranda, full height windows and sliding doors, open concept. Two car garage. Custom landscaped grounds with natural jungle and creek with access. Jungle and Arenal volcano views. Large storage area Automatic exterior lighting Custom closet shelving Fully furnished and appointed with German and Italian import furnishings Activities in the surrounding area include World class mountain biking, Windsurfing, Kite-boarding, Kayaking, Fishing, Boating, Water-skiing, Swimming, Hiking, Numerous hot springs, Zip lining, Canopy tours,and Bird Watching to name a few!
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.
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. The business is currently inactive.
BLUE BAY RESORT: Lake Front Hotel and Restaurant

- Price
- $4,000,000
- Status
- Active
- Listing Type
- Commercial Sale
- Images
- 18
- Property Type
- Hotel/Resort/Hostel
- Beds/Baths
- 18/25
- Beds
- 18
- Baths
- 25
- Location
- Puerto San Luis, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront
- View Type
- Bay View, Eastern View, Garden View, Greenbelt View, Lake View, Mountain View, Northern View
- Total Lot Size
- 6.76 ha (16.70 acre)
- Total Interior Area
- 1,000.00 m² (10,763.87 sq ft)
Well established and fully remodelled Lake Front Hotel and Restaurant with direct Lake shore access and floating dock. The shoreline belongs to the government but it is open to the public. Several commercial buildings, with 18 guest rooms, small restaurant with swimming pool and water slide. The large 2 story restaurant, bar and event building can seat aproximately 200 people. Located 10 Minutes from Tilaran, 90 Minutes from Monteverde Cloud forest, 90 Minutes from the Intl. Airport Liberia, 90 Minutes from La Fortuna and Arenal Volcano. 3 hours from San Jose Intl. Airport. The property size is 16.7 acres.
Ideal B & B Property: New Price ! 3 separate Buildings. Lake & Volcano View. Owner financing available.

- Price
- $590,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 36
- Property Type
- House
- Beds/Baths
- 10/6
- Beds
- 10
- Baths
- 6
- Location
- Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Lake View, Other
- Total Lot Size
- 0.63 ha (1.56 acre)
- Total Living Area
- 400.00 m² (4,305.55 sq ft)
This well maintained 1.5-acre property with several buildings is the ideal B&B, earning up to $700 per night. Located on the main lake road in a quaint village of Aguacate. On the property are 2 homes, 2 studios all with views. A total of 10 bedrooms and 6.5 baths on this property, The main house was built in 2006 and the additional buildings were built in 2014-15. Main house: 3 bedrooms (2 bedrooms and a loft) 2 full bath (bathtub) (3,000 sq ft.) Upper house 3 Bedrooms 1 full bath (bathtub) 1 half bath (1,000 sq ft) Lower floor 2 bedrooms 1 full bath (600 sq ft) Studio 1 full bath (bathtub) (300 sq ft) Studio 1 full bath (bathtub) (300 sq ft)
Lake Arenal View Home with 2 Guest Cottages and Pool: Lake View, Private With Pool

- Price
- $850,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 32
- Property Type
- House
- Beds/Baths
- 4/4
- Beds
- 4
- Baths
- 4
- Location
- Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Lake View, Mountain View
- Total Lot Size
- 0.67 ha (1.66 acre)
- Total Living Area
- 372.00 m² (4,004.16 sq ft)
Spacious main house with two bedrooms, 2 ½ bathrooms, ceramic floors; 16 foot high caña brava ceilings; superb quality cedar cabinets and doors; thick granite counter tops, small wet bar, specially imported unique fans and onyx lighting fixtures as well as onyx bathroom sinks; full garage, 20 meter infinity swimming pool and huge deck with marble inlays. Main house and casitas are fully furnished with major appliances included—washer/dryer, refrigerators (3), stoves/ovens (3), dish washer, common outdoor grill. ABSOLUTELY BEAUTIFUL—MUST SEE to appreciate! • Large 1.66 acre lot (6,705 m2) with fantastic serene lake view; 4,000 square feet of construction area • Two guest casitas each with full bathroom and kitchenette • With a total of 4 bedrooms/4½ baths this privately located and exclusive property easily and comfortably accommodates 8 people • Excellently located: — 15 minutes from Tilarán — 1 hour and 20 minutes from the Liberia International Airport — 3 hours from the San Jose International Airport — Conveniently located between Monteverde and La Fortuna — Surrounded by nature, peaceful towns with friendly people and endless outdoor activities
Celebrity Home with Spectacular Views: Mountain and Countryside House For Sale in Parcelas Monseñor

- Price
- $750,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 15
- Property Type
- House
- Beds/Baths
- 4/4
- Beds
- 4
- Baths
- 4
- Location
- Parcelas Monseñor, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain, Countryside
- View Type
- Mountain View, Valley View, Western View, Other
- Total Lot Size
- 1.00 ha (2.47 acre)
- Total Living Area
- 750.00 m² (8,072.90 sq ft)
This house with 4 bedrooms and 4 bathrooms is located in Parcelas Monseñor, Guanacaste Costa Rica, in the county of Tilarán. This mountain and countryside property with mountain and valley views is situated in the highland forest of Costa Rica. The land area of this house is 1.00 hectare (2.47 acre), and it has a living space of 750.00 square meter (8,072.90 square feet). This house is available furnished.