Lisbon · Baixa, Chiado and the waterfront
Praça do Comércio
A large riverside square framed by yellow arcades, rebuilt after the 1755 earthquake. The Rua Augusta arch leads from it into the grid of Baixa.
- 1 h
- Free
- Booking: not needed
- Baixa, Chiado and the waterfront
Data checked on October 4, 2026
This was the site of the royal palace until the 1755 earthquake destroyed it, and the square was laid out again afterwards as the main gateway to the city from the river. A bronze statue of King José I stands in the middle. Yellow arcades enclose three sides, and the fourth is the water, with stone steps going down to the Tagus.
What to look for
- The statue of King José I
- The Rua Augusta triumphal arch
- The two columns at the water's edge
- Arcades on the three landward sides
Opening hours
Always open.
Source: Turismo de Lisboa (Visit Lisboa), checked October 4, 2026
Tickets and booking
Free.
Getting there
Terreiro do Paço Metro station (Blue line) opens straight onto the square, and tram 15E also stops beside it.
Tip
Come in the evening, when the stone turns gold and the cafés under the arcades fill up.