Yes, Valparaíso, Chile's main port, faces very high earthquake risk. It sits on the country's central coast, above the subduction zone where the Nazca plate dives beneath the South American plate — one of the most active tectonic boundaries on Earth. The Valparaíso region has been the stage for repeated large-magnitude earthquakes throughout its history.
Earthquakes in Valparaíso: On Chile's Nazca Subduction Zone



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The Valparaíso earthquake of 16 August 1906, with a magnitude near 8.2, destroyed much of the city and caused thousands of deaths. Decades later, the earthquake of 3 March 1985, magnitude 8.0, centred offshore from the region, caused further major damage in Valparaíso, Viña del Mar and the whole central zone. Experts consider that a seismic gap exists in the region that could generate future large events.
Given its position on the Nazca subduction zone and its hillside terrain covered with older buildings, Valparaíso is classified at Chile's maximum level of seismic hazard. The city is also vulnerable to tsunamis in its flat, low-lying port district, which is why seismic building codes and evacuation plans are essential parts of its risk management.