Praça do Comércio

Hey there! If you plan a trip to Lisbon, you cannot miss out on Praça do Comércio – it’s one of the most exciting squares in the city!

Also known as Terreiro do Paço or Commerce Square. The spot has everything you need for a great time: fantastic river views, many excellent shops and restaurants, and a lively atmosphere you won’t forget.

Whether a newbie or a seasoned traveler, my ultimate guide to Praça do Comércio Lisbon will help you get the most out of your visit.

So, let’s dive in and prepare for an unforgettable Lisbon experience at Commerce Square!

The History of Praça do Comércio

Commerce Square is one of the city’s top tourist destinations and largest squares! This iconic square boasts a rich history dating back to the 16th century, and it has played a significant role in many of Portugal’s most important events.

Originally known as the Terreiro do Paço (Palace Square), it was the site of the Royal Palace until it was destroyed in the Great Lisbon Earthquake of 1755. After the earthquake, the square was rebuilt to symbolize the city’s recovery and its importance as a trade center.

Throughout the years, Commerce Square has witnessed some of Portugal’s most significant events, including the Proclamation of the Republic in 1910 and the Carnation Revolution in 1974.

Nowadays, it is a popular tourist destination, and it’s not difficult to see why. With its grand arches, stunning views of the Tagus River, and vibrant atmosphere, the Praça do Comércio is truly a sight to behold.

But Praça do Comércio is a historical site and a bustling activity hub. Plus, the square is surrounded by restaurants, cafes, and shops, making it an ideal spot to grab a bite to eat or do some souvenir shopping.

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5 Things to Do at Praca do Comercio

While there are some standout features to be seen, like the Rua Augusta Arch and the statue of King Joseph I, you can also find some other things to do at these beautiful squares:

The Arco da Rua Augusta Triumphal Arch

Arco da Rua Augusta

The Rua Agusta Arch (Arco da Rua Augusta) spans over the entrance of the Praco do Comerico and is the main pedestrianized shopping street in Lisbon.

The Rua Augusta Arch was constructed later and completed only in 1873, a century after the original plans. When you walk up the Rua Augusta Arch, you reach a viewing platform that is 30 meters high with a 360-degree view of the Baixa Districts.

The Rua Augusta Arch was designed by Santos de Carvalho, a Portuguese architect, to celebrate Lisbon’s reconstruction after the 1755 earthquake. At the top, several statues represent Portuguese figures like the Marquis of Pombal and Vasco da Gama.

The Rua Augusta Arch is one of the best viewpoints in Lisbon, and the entrance fee costs EUR 2,50.

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Portuguese King Joseph I Equestrian Statue at Commerce Square

Joseph I Equestrian Statue

The Joseph I Monumental Statue is a historic monument in Lisbon, Portugal. It was built in honor of King Joseph I, who was the monarch of Portugal from 1750 to 1777.

The statue is situated in Lisbon Commerce Square. It was designed by the Italian sculptor Joaquim Machado de Castro and completed in 1775. It is considered one of the finest examples of equestrian sculpture in Europe.

The statue depicts King Joseph I on horseback, dressed in royal robes and holding a wand. Over the years, the statue has undergone several restorations and renovations.

In 1833, during the Portuguese Civil War, the statue was vandalized by rebels who removed the bronze horse and melted it down for ammunition. The statue was restored in 1843, and the horse was replaced with a new bronze casting.

Today, the Joseph I Equestrian Statue is a popular tourist attraction in Lisbon. It is considered an essential symbol of Portuguese history and culture and a testament to its rich artistic heritage.

Cais Das Colunas

Cais das Colunas is a set of iconic marble columns at Trade Square (Commerce Square) in Lisbon, Portugal.

These columns are a distinctive feature of the square and hold historical significance. “Cais das Colunas” translates to “Quay of the Columns” in English. The two imposing columns are located at the edge of the square, near the waterfront, framing the entrance to the city from the Tagus River.

They were initially part of a larger structure that extended into the river and served as a ceremonial entrance for boats arriving in Lisbon. The columns are made of white and pink marble and are adorned with intricate detailing.

Over the years, Cais das Colunas has become an iconic symbol of Lisbon, representing the city’s maritime history and connection to the sea.

The area around these columns is often a gathering place for locals and visitors, offering picturesque river views and creating a charming atmosphere.

Lisboa Story Center

Lisboa Story Center is a must-visit tourist attraction. Here, you can learn the story of Lisbon, its history, culture, and traditions through interactive exhibits, multimedia presentations, and audio-visual displays.

Situated in the heart of the city, near the famous Praça do Comércio, the Lisboa Story Center offers a fascinating journey through time, taking you on a captivating voyage of discovery and exploration of Lisbon’s rich past.

Whether you’re a history buff or just looking for an enjoyable way to spend a few hours, the Lisboa Story Center is worth checking out.

The entrance fee for adults is EUR 5 and for kids EUR 3.

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Avenida Ribeira das Naus


Avenida Ribeira das Naus is a beautiful waterfront area situated on the banks of the Tagus River and offers stunning views of the river and the city.

The area has a long history and was once an important port for ships traveling to and from Lisbon. Today, Avenida Ribeira das Naus is a popular tourist destination offering many tourist attractions.

Some of the main attractions in the area include the Lisbon Oceanarium, one of the largest aquariums in Europe, and the Lisbon Cathedral, a beautiful example of Gothic architecture.

You can also stroll along the avenue and enjoy the beautiful views of the river and the city or relax at one of the many cafes and restaurants in the area.

Vinhos de Portugal and Museu da Cerveja

Portuguese Wine

While walking around Praça do Comércio, why not sample some Portuguese wine at Vinhos de Portugal and Museu da Cerveja? Here, you can enjoy wine from different regions, and it is free to enter. You only pay for the wines you drink made available by vending machines. It is a great way to sample wine affordable in a social and relaxing atmosphere. You can also book a wine-tasting event.

Praca do Comercio Visitors Tips


Getting to Praca do Comercio is not difficult, and there are many other attractions nearby:

Public Transportation: Navigate effortlessly through the city using the metro system. Opt for the blue line and alight at Terreiro do Paço station or the Green and Blue lines to reach Baixa / Chiado station. Seamless transport connections make your journey to Praça do Comércio a breeze.

Explore Nearby:

Immerse yourself in the rich tapestry of Lisbon’s surroundings, where historical landmarks beckon at every turn.

  • Wander just 380 meters to discover the Lisbon Cathedral, a testament to the city’s architectural heritage.
  • A mere 385 meters away, Baixa unfolds with its charming streets and vibrant atmosphere.
  • For panoramic views, ascend 567 meters to the Santa Justa Lift, an architectural marvel offering breathtaking vistas of Lisbon.
  • History enthusiasts can journey 726 meters to the São Jorge Castle, an ancient fortress steeped in tales of times gone by.
  • Completing this historical ensemble, Rossio Square awaits just 737 meters away, a central hub pulsating with life and culture.

Hot Tip🔥: One of the best times to visit this amazing square is over New Year.

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Wrap-Up: Visiting Commerce Square

A visit to Commerce Square, nestled in the heart of Lisbon, promises a captivating journey through the city’s rich history and vibrant culture.

Each step unfolds a new chapter in Lisbon’s history, from the iconic Praça do Comércio to the nearby historical gems like Lisbon Cathedral, Baixa, and São Jorge Castle.

Explore, discover, and embrace the stories etched in stone as you navigate through the heart of Lisbon’s historic center.

Frequently Asked Questions

Praça do Comércio is a large public square located in the center of Lisbon, Portugal. It is also known as Terreiro do Paço or Palace Square.

Praça do Comércio is a public square open 24 hours a day. However, some shops and restaurants in the area may have their opening hours.

There is no admission fee to visit Praça do Comércio as it is a public square.

The main attractions in Praça do Comércio include the Arco da Rua Augusta, the statue of King José I, and the Triumphal Arch. The area is also famous for its restaurants, shops, and cafes.

Praça do Comércio is located in the center of Lisbon and can be easily accessed by public transportation such as buses, trams, and the metro. It is also within walking distance of many popular tourist attractions in the city.

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