Nærøy Municipality declared town status for the village of Kolvereid in 2002, making it the smallest town in Norway.[5] The 1.29-square-kilometre (320-acre) town has a population (2024) of 1,791 and a population density of 1,388 inhabitants per square kilometre (3,590/sq mi).[2]
Kolvereid is located in the middle of Nærøysund, with the town located on the shore of the Foldafjord. The area has grown considerably over the past 30 years. It has a well-developed trade and service industry.
Kolvereid is home to the municipality's culture centre, comprising a stage and a cinema, a sports hall, as well as outdoor sports facilities. Kolvereid Church dates back to 1874; the church was designed by architect Jacob Wilhelm Nordan. It was built of wood and has 350 seats.[6]