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Praça do Comercio, Lisbon

The Praça do Comércio is the largest of Lisbon’s mighty plazas that is positioned on the edge of the Tagus estuary. This location was traditional where traders would sell their foreign wares and financiers would fund perilous expeditions to the far reaches of the known world.

Praca do Comercio

The magnificent Praça do Comércio

The wealth of Portugal was channeled through this single point of the Praça de Comercio, which when translated into English means Commercial Square. For visitors the square is both an appealing tourist sight and important transport hub. Departing from the northern side are trams that head west to the Belem district and at the southern side is a ferry terminal that cross the River Tagus.



As a tourist attraction the Praça do Comércio is the grandest of Lisbon’s squares with traditional painted buildings lining the three sides and a magnificent statue of King José I positioned in the centre. To the northern edge is the entrance to the Rua Augusta, which is marked by the decorative and ornate Arco da Rua Augusta. The Praça do Comércio Lisbon is one of the finest sections of the capital and indicates the power and influence Portugal once commanded.

Interesting Facts about the Praça do Comércio Lisbon

The Praça do Comércio was constructed in 1755 after the great earthquakeof Lisbon destroyed the entire Baixa district. Before the earthquake the most important royal complex, the Ribeira Palace, was situated on the site of the Praça do Comércio but this was totally destroyed by the tsunami that proceeded the earthquake. The most prominent feature of the Ribeira Palace were two distinctive towers and their original design was incorporated into the two towers that over look the Tagus river.

view from Arco da Rua Augusta

The view from the Arco da Rua Augusta

The destruction of the Ribeira Palace also lost the greatest collection of classical Portuguese literature as housed in the palace was the Ribeira royal library of 20,000 books. The statue in the centre of the Praça do Comércio is of King Jose I riding his horse that is symbolically crushing snakes with its hoofs.

King Jose I was the Portuguese ruler during the reconstruction of Lisbon and the statue was inaugurated on his birthday on the 6th June 1775. The Marquês de Pombal, the great politician of the era who was credited for the reconstruction of Lisbon makes an appearance with his image on the bronze emblem on the front of the pedestal.



The impressive Arco da Rua Augusta, which marks the entrance to the Rua Augusta, was only finished in 1875 almost a century after the original plans were drawn up. This delay allowed the inauguration of the tower to coincide with the centenary of the devastating earthquake. The three statues at the top of the tower represent Glory rewarding Valour and Genius and are part of the Portuguese coat of arms while the two seated figures at the base represent the two rivers of Portugal, the Tejo and Douro.

Praca do Comercio

At the southern side of the Praça do Comércio is the, Cais das Colunas, a set of marble stairs, which lead down to the waters edge. These steps were installed so that royal dignitaries could receive a grand entrance to Lisbon. The origins for these steps date from before the 1755 earthquake when the steps would lead straight into the royal palace.

Praca do Comercio

Praça do Comércio Lisbon Tourist Guide

The Praça do Comércio is a major transport hub. The square is a departure location for the tram network heading towards the Belem district or the Basílica da Estrela. Praça do Comércio contains a major commuter ferry terminal at Terreiro do Paço, with departures south across the River Tagus. These ferry routes offer a very different perspective to Lisbon and allows the city to be viewed from the water. The closest metro is connected to the ferry terminal and is on the blue metro line.

A newly opened tourist attraction allows visitors to view the Praça do Comércio from the Arco da Rua Augusta viewing platform and this is open every day from 9:00-19:00 and the entrance fee is €2.50. From here there are fantastic views over the plaza.


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