Lisbon's largest and most central square is located right on the banks of the Tagus River in the heart of the city.
Book a hotel in Lisbon in advance
The centre of the square is dominated by the equestrian statue of King Joseph I and the palace buildings lining the perimeter on three sides. The fourth one is then a promenade along the Tejo River, where you can sit on the steps and relax in the fresh breeze from the ocean.
The arcades of the palace buildings are occupied by cafés and restaurants.
Praça do Comércio is an exact square measuring 175m x 175m, making it the largest square in Portugal.
The magnificent Arc de Triomphe
The Arco do Triunfo da Rua Augusta , standing on the northern side of the square, is undoubtedly the dominant feature of the whole area. Beyond the arch, Lisbon's most famous pedestrian area, Rua Augusta, continues.
The arch celebrates the reconstruction of the city after the devastating earthquake of 1755, but construction was significantly delayed and not completed until 1873.
The Arco do Triunfo boasts rich decoration and a height of over 30 metres.
Accommodation near the square
If you prefer to live in the centre and don't care so much about money, Praça do Comércio is the perfect place for you.
Right on the square you can stay in one of Lisbon's most luxurious hotels Pousada de Lisboa *****, where you'll enjoy the ultimate in comfort.
For significantly cheaper accommodation from 100 eur Lisbon Arsenal Suites *** about 200 metres from the square.
Transport to the square
Praça do Comércio is easily accessible by public transport and can be reached by metro, tram and bus.
- Metro - Terreiro do Paço station directly on the square (blue line) or Baixa-Chiado about 250 metres north (blue and green lines)
- Bus - stop Pç. Comércio: lines 207, 208, 711, 732, 736, 760, 774
- Ferry - Terreiro do Paço dock 100 metres from the square: line to Barreiro (timetable: ttsl.pt/terreiro-do-paco )
What to see around
Discover all the places to see in Lisbon.