Corvo’s property market remains data-constrained, with average price and gross rental yield not yet available and no reliable price trend due to insufficient transaction volume. Risk conditions appear limited, with a Red Flag composite score of 2/100 and flood risk at 3/100, while aviation noise is 0/100. The main weakness is infrastructure, scored 21/100, which suggests limited walkability and service density. For investors, the key strength is the low measured risk profile, but market transparency remains weak.
AI Summary
Area
17.2 km²
District
Azores
Country
Portugal
JRC EFAS — flood riskRASI — crime statisticsOpenStreetMap — POI
Verified Price · €/m²
—
YoY—
Gross Rental Yield
—
Verified rent · annualized
Red Flag Index
Very Low
2 / 100
Walkability Score
21
Minimal
OpenStreetMap POI density · national percentile
AI Score
87
Excellent
DistrictScore attractiveness · national model
Is Corvo Safe? Environmental Risk
Red Flag Index composite across four dimensions, plus inherited Azores crime context.
Red Flag Breakdown
2 / 100
Very Low Risk
Composite is impact-weighted: flood 30%, air quality 25%, aviation noise 25%, construction pressure 20%.
Flood3Very Low
Aviation Noise0Very Low
Air Qualityn/an/a
Construction Pressuren/an/a
2/4 dimensions scored · JRC / EEA / OSM
Crime (district-level): Azores averaged 36.1 crimes and 0.77 violent per 1,000 residents in 2025 (RASI). Official Portuguese statistics report crime at district level only.
Amenity density and pedestrian access from OpenStreetMap points of interest.
Walkability & Amenities
OpenStreetMap POI
21
Minimal
Walkability Score
5
Grocery
2
Schools
2
Hospitals
2
Pharmacies
0
Transit Stops
0
Coworking
POI counts are amenities within Corvo's municipal boundary, scored against the walkable urban center.
Buying Property in Portugal as a Foreigner
Tax & residency facts for non-resident buyers, plus official Azores safety statistics.
Buying as a Foreigner
PT Tax & Residency
IMT Rate
IMT (transfer tax): 0–7.5% of purchase price. Primary residence exempt up to €104,261 (threshold updated annually). · AICEP Portugal Global — IMT (verified 2026-04)
IMI Rate
IMI (annual property tax): 0.3–0.45% of assessed value (VPT) for urban properties. Rate set by each municipality. · AICEP Portugal Global — IMI (verified 2026-04)
Stamp Duty
Stamp duty (IS): 0.8% on purchase price + 0.6% on mortgage (≥5 years) or 0.5% on shorter-term mortgage. · AICEP Portugal Global — Stamp Tax (verified 2026-04)
Capital Gains
Capital gains: non-residents taxed on 50% of gain at progressive IRS rates (same as residents, per Law 24/2022). Reinvestment exemption applies. · Portal das Finanças — Código IRS, Art. 10 (verified 2026-04)
IFICI Regime
IFICI (replaces NHR, 2024): 20% flat rate on Portuguese income for 10 years. Must not have been tax resident in Portugal in prior 5 years. · Portal das Finanças — IFICI (verified 2026-04)
Golden Visa
Golden Visa (ARI): residential property no longer qualifies since Oct 2023. Fund investment from €500K or cultural heritage from €250K still valid. · AIMA — ARI Golden Visa (verified 2026-04)
AL Moratorium Lisbon
AL licence (short-term rental): moratorium active in Lisbon — no new licences for apartments since Feb 2023 under DL 76/2023. · Decreto-Lei n.º 76/2023 (verified 2026-04)
Buying Costs
Buying costs: notary + registry via Casa Pronta from €375 (purchase) or €700 (with mortgage). Legal fees typically 1–2% of price. · Justiça.gov.pt — Balcão Casa Pronta (verified 2026-04)
General guidance only — rules change. Always consult a licensed Portuguese tax lawyer before making investment decisions.
Reported at district level — the finest official Portuguese crime aggregation (RASI annual report), inherited by every municipality in Azores. RASI 2025 report ↗
Corvo Real Estate FAQ
The average property price in Corvo is not yet available in the data provided. Market data is still being collected.
Municipalities near Corvo
Compare Corvo with nearby municipalities in Azores.