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Praca do Comercio Praca do Comercio
Lisbon, Portugal

Last Updated: 09/13/2024

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Praca do Comercio, also known as Commerce Square or Terreiro do Paco is one of the most iconic and historically significant squares in the heart of Lisbon, near the Tagus River. It is situated in the Baixa district, which is the downtown area of the city.
Historical Significance:

- The square has a rich history and has been a central hub for various historical events and ceremonies. It was once the site of the Royal Ribeira Palace until it was destroyed by the 1755 earthquake, tsunami, and subsequent fire.

Architecture:

- The square is surrounded by elegant and colorful buildings, featuring a distinctive yellow facade. The architecture is primarily in the Pombaline style, named after the Marquis of Pombal, who led the reconstruction efforts after the earthquake.

Triumphal Arch:

- At the northern end of Praca do Comercio, facing the city, stands the Rua Augusta Arch. This triumphal arch is a prominent landmark and provides access to the bustling Rua Augusta shopping street.

Statues and Monuments:

- The square is adorned with several statues and monuments, including the equestrian statue of King Jose I in the center of the square. The king is portrayed on horseback, and the statue is surrounded by allegorical figures.

Tagus River:

- Praca do Comercio offers stunning views of the Tagus River, creating a picturesque backdrop. Visitors can enjoy a leisurely stroll along the riverside promenade.

Government Buildings:

- The northern and eastern sides of the square are flanked by government buildings, including the former Ministry of the Navy. The southern side faces the river, allowing for an open and expansive view.

Events and Festivals:

- Praca do Comercio is often used for events, concerts, and festivals. It is a central gathering place for both locals and tourists.

Accessibility:

- The square is easily accessible by public transportation, including buses, trams, and the Lisbon metro. It is also a popular starting point for exploring the historic Baixa district.
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Praca do Comercio


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Lisbon is the capital and the largest city of Portugal, with an estimated population of 544,851 within its administrative limits in an area of 100.05 km2. Lisbon's urban area extends beyond the city's administrative limits with a population of around 2.7 million people, being the 11th-most populous urban area in the European Union.

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