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!
69 properties available
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
Five Corners Business Hub: Prime location on the main road surrounding Lake Arenal.. Commercial Potential !
- Price
- $279,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 24
- Property Type
- Other
- 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)
Standout investment opportunity, strategically positioned on the main road connecting La Fortuna to Monteverde and the Pacific beaches—one of the most transited routes in the region and a prime corridor for Lake Arenal real estate. With the area’s major tennis and pickleball center located directly next door, the property benefits from consistent local activity in addition to year-round tourist flow. Set on nearly 4,400 m² of land with approximately 375 m² under roof (including a second-floor bedroom and bathrooms), the property offers generous parking areas, flexible indoor-outdoor layouts, and a creative architectural style that immediately distinguishes it from conventional commercial buildings. The site has a strong track record of adaptability. Previous uses include a restaurant, offices, a veterinary clinic, and most recently a horse rehabilitation center—demonstrating the versatility and broad potential of the space. With its indoor-garden concept, open-air corridors, and wide surrounding areas, the property is well suited for a café, wellness/fitness retreat, artisan workshop, retail-office hybrid, or a mixed-use entrepreneurial project. Its greatest asset is its unmatched visibility and exposure. Every traveler moving between La Fortuna and the Pacific beaches passes directly in front of the property. Combined with the steady traffic generated by the neighboring tennis/pickleball hub, this site enjoys guaranteed vehicle and pedestrian flow—a major advantage for any commercial venture. The existing structure, measuring roughly 415 m², will require maintenance and repairs, which naturally aligns with the renovation and customization any investor or entrepreneur would undertake to adapt the space to their specific vision. With an attractive asking price and significant potential for expansion and redevelopment, this property is an exceptional opportunity for investors, business owners, or creative visionaries seeking a strategic foothold in one of the most unique and dynamic areas of Costa Rica—an excellent addition to the growing demand for Costa Rica real estate.
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.
Mountain Creek Paradise: River Front and Lake View Property
- Price
- $199,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 6
- Property Type
- Agricultural Land
- Location
- El Aguacate, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Riverfront
- View Type
- Greenbelt View, Lake View, Mountain View, Southern View, Western View
- Total Lot Size
- 2.77 ha (6.86 acre)
6.86 Acre river front property with outstanding views of Lake Arenal and beautiful sunsets.The property has access to city water, well water, electricity and to fiber optic internet. The property can be divided into several lots and is therefore suitable for a family project, an eco community, or even a hospitality business due to its proximity to the main lake road. The property size allows for keeping a couple of horses or plant veggies and fruits. For shopping drive to Nuevo Arenal in 15 Minutes, to Tilaran in 25 Minutes, or for the big shopping trip to Liberia in 90 Minutes. The nearest beaches are 2 hours away.
Pura Vida Costa Rica: Lake and Volcano view home, Garage and Guest Apartment
- Price
- $599,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 36
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- 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
- 250.00 m² (2,690.97 sq ft)
Beautiful and recently upgraded Ranch Style home and the most stunning views you will find in the Lake Arenal area. Principal Residence with 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
- 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!
VILLA RUSTICA : Lake View Home on 3 acres
- Price
- $395,000
- Status
- Pending Sale
- Listing Type
- Residential Sale
- Images
- 45
- Property Type
- House
- Beds/Baths
- 3/2
- Beds
- 3
- Baths
- 2
- Location
- La Tejona, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Lake View
- Total Lot Size
- 1.22 ha (3.01 acre)
- Total Living Area
- 160.00 m² (1,722.22 sq ft)
Country home with hot tub and outstanding views of Lake Arenal and Tenorio Volcano. The home includes 3 bedrooms, 2 baths, walk in closets, a large kitchen with new solid wood cabinets, open concept living-dining room, laundry room, screened in front porches, a large outdoor cooking area with a wood fired oven, and a detached lookout to enjoy the view. The home also has an Internet connection, an alarm system with cameras, and a solar water heater. The property has Electricity and 2 water sources (city water and spring water) Close to amenities. 10 minutes to Tilaran, the Municipal "hub" of the Lake Arenal area for all services. 1.5 hours from Liberia International airport and Pacific beaches. A MUST SEE for that Pura Vida Lifestyle!
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)
