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!
73 properties available
BAHIA PESCADORA: Lakefront and Countryside Home Construction Site For Sale in Nuevo Tronadora
- Price
- $299,999
- Status
- Active
- Listing Type
- Land Listing
- Images
- 13
- Property Type
- Home Construction Site
- Location
- Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront, Countryside
- View Type
- Bay View, Mountain View, Lake View, Northern View
- Total Lot Size
- 1.43 ha (3.53 acre)
This home construction site is located in Nuevo Tronadora, Guanacaste, Costa Rica, in Tilarán county. This lakefront and countryside property with bay, mountain and lake views is situated in the highland forest of Costa Rica. The land area of this home construction site is a total of 1,43 hectare (3,53 acre).
THE OCTAGON ESTATE - Seller Financing Available - Seller Motivated
- Price
- $595,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 38
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Lakefront, Mountain, Suburban
- View Type
- Garden View, Lake View, Mountain View
- Total Lot Size
- 1,619.34 m² (17,430.36 sq ft)
- Total Living Area
- 145.00 m² (1,560.76 sq ft)
One-of-a-kind luxury estate, perfectly positioned within a prestigious gated lakefront community on the shores of Lake Arenal. - Main Residence (Octagon Home): This stunning 2-bedroom, 2-bathroom masterpiece features a sophisticated octagonal design, offering panoramic views of the shimmering lake and lush tropical landscapes. The open-concept layout and vaulted ceilings create an airy, light-filled sanctuary perfect for modern luxury living. - The Guest House: A private 1-bedroom, 1-bathroom casita provides an ideal retreat for visiting family or an excellent opportunity for income-generating vacation rentals in a high-demand eco-tourism market. - 2-Car Garage: Spacious and secure parking with additional storage. for lake gear. This property is part of a residential development in one of the most desirable areas of Costa Rica, right in the neighborhood of world famous Lake Arenal. The lake area offers numerous opportunities for outdoor activities such as water sports, hiking, mountain biking, horse riding, or have fun on one of the pickleball courts in the area. The property is a short 10 minutes drive form the municipal hub Tilaran where you find everything for your daily needs, such as many first class restaurants, several supermarkets with national and international products, bakeries and butchers, hardware- and agro stores, several gyms, a Cinema, Veterinarian doctors and supply stores, a public hospital and several private medical facilities, public and private schools, churches and a basic retirement home. A 90 minutes drive takes you to the province capital city Liberia and the international Airport LIR. In Liberia you find more shopping opportunities, a first class private hospital, a large public hospital for those who already have residency and are registered with the public health system, several private and public schools, high schools, universities, car rentals, souvenir shops etc etc . Take a day trip to one of the nearest tourist destinations, such as La Fortuna and the Tabacon Hot springs on the north side of the lake, or Monteverde Cloudforest in the mountains south of the lake. Experience the Pura Vida Lifestyle ! Call us today for a private showing.
MOUNTAIN BREEZE VILLA
- Price
- $279,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 11
- Property Type
- House
- Beds/Baths
- 2/1
- Beds
- 2
- Baths
- 1
- Location
- Sabalito, Tierras Morenas, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Mountain
- View Type
- Eastern View, Garden View, Lake View, Mountain View, Wooded View
- Total Lot Size
- 0.52 ha (1.28 acre)
- Total Living Area
- 100.00 m² (1,076.39 sq ft)
Charming Spanish-Style Villa with Breathtaking Lake Arenal Views Experience the perfect blend of Old World charm and tropical paradise in this stunning 2-bedroom, 1-bath Spanish-style villa. Perched on a sprawling 1.3-acre lot, this property offers the ultimate Costa Rican retreat with unparalleled views of Lake Arenal. Step inside to an airy, open-concept living and dining area, perfect for entertaining or relaxing. The home is meticulously finished with custom tropical hardwood furniture and cabinetry, bringing warmth and authentic craftsmanship to every room. Embrace the "Pura Vida" lifestyle with expansive, covered outdoor sitting areas. Whether you’re sipping morning coffee or watching the sunset over the lake, these shaded terraces provide the perfect vantage point for year-round enjoyment. With 1.3 acres of usable land, the possibilities are endless. The property features a large building pad with ample space for a private pool, guest casitas, or a secondary luxury villa. Don't miss this rare opportunity to own a piece of paradise with room to grow!
BAMBOO GARDEN - Large Country Oasis - Ready for Your Personal Touch!
- Price
- $275,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 21
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- San Luis, Tilarán, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside, Suburban
- View Type
- Garden View, Lake View, Mountain View, Wooded View
- Total Lot Size
- 2,879.00 m² (30,989.17 sq ft)
- Total Living Area
- 165.00 m² (1,776.04 sq ft)
Bring your vision to this spacious 3-bedroom, 3-full-bath home nestled on a large, tree-filled lot. This diamond-in-the-rough features a generous layout, including a cozy fireplace in the massive living room, an expansive kitchen/dining area, and a outside laundry area. Unlock the potential in this expansive, hidden gem, waiting for a little "love and makeup" to make it shine. Bring your paintbrushes and your Pinterest boards! Highlights: Spacious Layout: 3 Bedrooms / 3 Full Baths Heart of the Home: Huge kitchen and dining area—perfect for entertaining and custom upgrades. Cozy Living: Massive living room featuring a charming fireplace, perfect for those quiet, chilly nights. Character & Charm: A blank canvas ready for your modern vision and design. Outdoor Living: Large lot with scenic, established trees offering privacy and a park-like feel. This property is in one of the most desirable areas of Costa Rica, right in the neighborhood of world famous Lake Arenal. The lake area offers numerous opportunities for outdoor activities such as water sports, hiking, mountain biking, horse riding, or have fun on one of the pickleball courts in the area. The property is a short 10 minutes drive form the municipal hub Tilaran where you find everything for your daily needs, such as many first class restaurants, several supermarkets with national and international products, bakeries and butchers, hardware- and agro stores, several gyms, a Cinema, Veterinarian doctors and supply stores, a public hospital and several private medical facilities, public and private schools, churches and a basic retirement home. A 90 minutes drive takes you to the province capital city Liberia and the international Airport LIR. In Liberia you find more shopping opportunities, a first class private hospital, a large public hospital for those who already have residency and are registered with the public health system, private and public universities, car rentals, souvenir shops etc etc . or make a day trip to one of the nearest tourist destinations, such as La Fortuna and the Tabacon Hot springs on the north side of the lake, or Monteverde Cloudforest in the mountains south of the lake. Don´t hesitate to call or email for more information and to schedule a private showing.
LAGO AZUL: Lake View lot of just under 1 acre
- Price
- $59,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 12
- Property Type
- Home Construction Site
- Location
- Nuevo Tronadora, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Lakefront, Countryside
- View Type
- Lake View, Wooded View
- Total Lot Size
- 1.72 ha (4.25 acre)
THE LOT WITH A MEASUREMENT OF 3499 SQUARE METERS IS IN PROCESS OF BEING SURVEYED AND SEGREGATED FROM THE MAIN PROPERTY. Build your dream retreat on this stunning 3,499 m² lot, perfectly positioned for those who crave the best of Lake Arenal. This is a rare opportunity to own a parcel that will be custom-segregated for the buyer, ensuring a clean slate for your vision. Situated directly on the main lake road just outside the charming town of Tronadora and right across from the shore. A short, easy walk takes you to public lake access, perfect for kayaking, fishing, or a morning swim. Whether you're looking to build a private estate or a vacation rental, this lot offers the perfect balance of convenience, size, and scenery. The lake area offers numerous opportunities for outdoor activities such as water sports, hiking, mountain biking, horse riding, or have fun on one of the pickleball courts in the area. The property is at walking distance from Tronadora, and a short 10 minutes drive form the municipal hub Tilaran where you find everything for your daily needs, such as many first class restaurants, several supermarkets with national and international products, bakeries and butchers, hardware- and agro stores, several gyms, a Cinema, Veterinarian doctors and supply stores, a public hospital and several private medical facilities, public and private schools, churches and a basic retirement home. A 90 minutes drive takes you to the province capital city Liberia and the international Airport LIR. In Liberia you find more shopping opportunities, a first class private hospital and a large public hospital, car rentals, souvenir shops ............ Take a day trip to one of the nearest tourist destinations, such as La Fortuna and the Tabacon Hot springs on the north side of the lake, or Monteverde Cloudforest in the mountains south of the lake.
Beautiful Property, Home/Apt. With Character and Room for More
- Price
- $295,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 24
- Property Type
- House
- Beds/Baths
- 3/2
- Beds
- 3
- Baths
- 2
- Location
- Barrio El Roble, Tronadora, Tilarán, Guanacaste, Costa Rica
- Location Type
- Mountain
- View Type
- Lake View, Mountain View
- Total Lot Size
- 0.66 ha (1.62 acre)
- Total Living Area
- 110.00 m² (1,184.03 sq ft)
1.6 acres of land with a 2 bedrooms/1 bath rustic home situated in the Tronadora area of Lake Arenal. Plenty of room for additional structures! This home features a large kitchen and an office. There is a small apartment behind the house. 2 covered parking areas. There is a large greenhouse on the property. Seller is Motivated.
CASA TROPICANA - Lake View Oasis Near Nuevo Arenal
- Price
- $359,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 45
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Garden View, Greenbelt View, Lake View, Mountain View, Western View
- Total Lot Size
- 2,510.56 m² (27,023.34 sq ft)
- Total Living Area
- 200.00 m² (2,152.77 sq ft)
Sunset Views | Modern Luxury | Airbnb-Ready Experience the pinnacle of Lake Arenal living in this 2,000-square-foot sanctuary, perfectly positioned for both tranquil retirement and high-yield investment. This upgraded residence blends modern sophistication with the raw beauty of Guanacaste's tropical highlands. Property Highlights: Architectural Living: A signature sunken living room provides a dramatic, cozy space for relaxation with framed views of the lake. Gourmet Kitchen: Newly upgraded and modernized, featuring high-end finishes and an open layout designed for entertaining. Bedrooms & Baths: 3 spacious bedrooms and 3.5 bathrooms, offering ample privacy for family or guests. Outdoor Paradise: 0,62 acres of lush tropical gardens, a haven for local wildlife like toucans and howler monkeys. Convenience & Storage: Includes a secure garage, a dedicated laundry room, and plenty of space for outdoor gear. Airbnb Potential: With its sought-after lake and sunset views, this home is perfectly configured for the booming short-term rental market. The property is located at walking distance to the town center of Nuevo Arenal. You can reach the municipal hub Tilaran in 45 Minutes, and in 90 Minutes you reach the international airport near Liberia or go shopping at Walmart, PriceSmart, Italian Food Stores and larger Hardware stores. Add 30 Minutes and get to some of the most beautiful beaches on the Nicoya Peninsula. Make a day trip to La Fortuna/Tabacon/Arenal Voncano or Rio Celest. In and around Nuevo Arenal you find several international and national restaurants. The Lake Arenal area offers numerous options for outdoor people, such as hiking, horse riding, mountain biking and water sports. Several expat groups are involved in different activities, such as yoga and other types of retreats, tennis and pickle ball, farmers and flea markets and many more options. Contact us today to schedule a private viewing of your future lakeside retreat.
FINCA SANTA ROSA - Prime 2.7-Acre Mixed-Use Property Near Tilarán.
- Price
- $119,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 1
- Property Type
- Agricultural Land
- Location
- Santa Rosa, Santa Rosa, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Mountain View, Wooded View
- Total Lot Size
- 1.10 ha (2.72 acre)
Unlock the potential of this versatile 2.7-acre estate perfectly positioned between rolling pastures and lush forest. Located just outside Tilarán on the main road to Cañas, this property offers the ideal blend of high-visibility commercial potential and serene residential privacy. Property Highlights: Versatile Terrain: A beautiful mix of open pasture—perfect for a hobby farm or garden—and secondary forest providing natural shade and privacy. Strategic Location: Frontage on the main road to Cañas ensures easy year-round access and excellent exposure for a business or boutique development. Endless Potential: Whether you dream of building a private family estate, starting an eco-conscious hobby farm, or developing a commercial venture, this land accommodates all visions. Unbeatable Connectivity: Enjoy being minutes away from local amenities while staying centrally located to Costa Rica’s premier destinations: Lake Arenal: 15 minutes (World-class windsurfing, fishing, and boating) Liberia City: 1 hour Guanacaste Airport (LIR): 1 hour 15 minutes Monteverde Cloud Forest: 90 minutes La Fortuna & Tabacon Hot Springs: 2 hours Gold Coast Beaches (Playas del Coco/Hermosa): 2 hours Experience the best of Guanacaste's highlands. Contact us today to schedule a viewing of this unique Tilarán opportunity!
VILLA CANASOL : Lake View Home with Pool, Garage and Workshop
- Price
- $599,000
- Status
- Active
- Listing Type
- Residential Sale
- Images
- 45
- Property Type
- House
- Beds/Baths
- 3/3
- Beds
- 3
- Baths
- 3
- Location
- Nuevo Arenal, Arenal, Tilarán, Guanacaste, Costa Rica
- Location Type
- Countryside
- View Type
- Garden View, Greenbelt View, Lake View, Mountain View, Southern View, Wooded View
- Total Lot Size
- 0.77 ha (1.90 acre)
- Total Living Area
- 250.00 m² (2,690.97 sq ft)
This beautiful home located just minutes from central Nuevo Arenal has the best of everything! Designed by one of our area’s top architects, this three bedroom, three bath estate is rich with quiet elegance and comfort. It has been meticulously maintained by the owners as is evident throughout the home, the perfectly groomed grounds and the large workshop garage. The property is nestled within a small gated community of only two other homes, surrounded by lush landscaping and private Lake Arenal views. Landscaping enveloping the property has been designed to ensure privacy while enjoying your time around the sparkling Infinity-edge pool and custom pool house. The paved road to the home winds gently down to the large covered carport and main entrance of the estate. Rich wood arched doors at the entry open up to a split level design with views of the custom stone fireplace and sunken great room just beyond. This first level showcases the Master bedroom on one side with a small alcove and half-bath on the opposite side. The Master bedroom entry also features rich wood arched doors and an expansive bedroom with private bath and custom clothes closet with auto-drain dehumidifier. The bedroom features double arched doors leading out to a very private balcony overlooking the beautiful pool, pool house and Lake Arenal views. This lovely space can be enjoyed day or night, sun or rain with the addition of a custom glass partition to keep out wind and occasional rains. The Master bath has been tastefully designed with neutral tile flooring, granite vanity countertops and a large walk-in shower with custom tile-work. The alcove and half bath on this level just opposite the Master is ideal for a small workspace and offers views of the open Great Room below as well as the upper portion of the property. With the unique ceiling fans and A/C units at both levels, the home is kept at very comfortable temperatures. On the lower, or main level of the home, you step into the Great Room where you can enjoy a warm fire in the custom stone fireplace on cooler nights and relax in the beautiful surroundings. The kitchen is truly a gourmet’s treasure with ample upper and lower custom cabinets and adjacent pantry. The granite topped breakfast bar easily seats 4 and provides extra counter workspace. The gorgeous custom stone work found on the fireplace is matched on the base of the breakfast bar making for a cohesive, custom room. All kitchen appliances are top-of-the-line stainless steel GE Profile series and are in new condition. From the Great Room’s double arched doorway, step out onto the large covered private balcony from where you will enjoy unmatched views of the pool, pool house and private Lake Arenal views. You will want to spend as much time as possible here for the views and the wonderful sunsets. The secondary bedrooms and laundry room are also on this level just beyond the Great Room. The laundry room is large enough to house the full sized washer and dryer as well as the double stainless steel utility sink with room to spare. The hallway continues onto the secondary bedrooms and bath. The bedrooms share a large bath complete with custom walk-in shower, granite topped vanity and a medicine cabinet. Both of the secondary bedrooms are oversized and can easily accommodate King-sized or several smaller beds, should you desire. Each of the bedrooms also have rich, arched doors as seen throughout the home, and lead to private exterior balconies overlooking Lake Arenal, the beautiful pool and lush landscaping. Access to the pool can be made from the main set of steps leading from the Great Room exterior covered patio. The large pool-house at the bottom of the stairs contains an outdoor kitchen complete with double stainless sink, refrigerator and the most outstanding custom fireplace/pizza oven combination you will find. There are even two sturdy hammock hooks under the roof for lounging in the shade. The natural water pool has two Infinity edges – one of which cascades into a natural reed planter. The pool’s equipment and supplies are housed out of sight in a custom-built equipment room just beyond the pool. The overall design and beauty of the pool and pool-house will make it difficult to imagine being anywhere else. The main home enjoys lush landscaping for privacy as well as a strongly fortified retaining wall just at the top of the property. The home is incredible on its’ own, but there is an additional 1,404 square foot, 6-bay garage that will make any car enthusiast, carpenter, welder or boatsman heart go pitter-patter! This incredible space will house up to 4 cars, perhaps two boats, numerous ATV’s or any other hobby you can imagine. There is an overhead lifting system (bridge chain hoist) covering a 20×20 foot work area. The solid concrete building has its own septic system and contains a large storage/safe room at the rear of the garage, complete with toilet, shower, sink, welding plugs, LED lighting, workbenches and ample shelving. This gorgeous home was built to Canadian standards which insures the entire main home and garage have been built for longevity. Both have state-of-the-art drainage systems to prevent erosion from the foundations with clean-outs at every junction. The roof lines have 1 meter overhangs, piped roof drainage, foam injected metal roof voids and vented eaves to keep the home well ventilated for mold avoidance. There are a total of 3 ‘on-demand’ hot water systems and all lighting is LED to keep electric costs to a minimum. All electrical throughout has been professionally piped and grounded along with surge protection for major appliances. It would be difficult to find another high-quality, gorgeous home and property that offers so much at this price.
BARRIO ATRA - Building Lot in Tilaran
- Price
- $35,000
- Status
- Active
- Listing Type
- Land Listing
- Images
- 1
- Property Type
- Home Construction Site
- Location
- Central, Tilarán, Guanacaste, Costa Rica
- Location Type
- Suburban
- View Type
- Mountain View, Greenbelt View, Garden View
- Total Lot Size
- 505.73 m² (5,443.61 sq ft)
This home construction site is located in Central, Guanacaste, Costa Rica, in Tilarán county. This property with mountain, greenbelt and garden views is situated in the highland forest of Costa Rica. The land area of this home construction site is a total of 505,73 square meter (5.443,61 square feet).


