Praça do Comércio, better known by locals as Terreiro do Paço, is one of the most beautiful and emblematic squares in the city.

Terreiro do Paço was built during the reign of King Manuel I (16th century), where the Royal Palace and its magnificent library were located, as well as the Casa da Índia, Alfândega, Casa da Moeda, Arsenal da Marinha and the Teatro do Ópera do Tejo, later destroyed by the great earthquake of November 1, 1755.

After the earthquake, the reconstruction and expansion of the square was part of the city's rebuilding plan by the Minister of King D. José I, Marquês de Pombal, who gave the name of Praça do Comércio in recognition of his contribution to the bourgeois class.

Situated in front of the Tagus River and characterized by its yellow arched buildings (original color), it is currently one of the largest squares in Europe.

For centuries it was the visiting room of the city, receiving Kings and High representatives of State from all over the world who disembarked at Cais das Colunas with its marble staircase, still visible today.

Nowadays this square continues to be a central point of the city, leaving no one indifferent with the majesty of the buildings converted into museums, terraces and restaurants, the stage for events throughout the year. It is the starting point for discovering Lisbon:

• Arco da Rua Augusta celebrates the reconstruction of the city after the earthquake and deserves a visit that promises one of the best 360º views of Lisbon and the Tagus river;

• Pátio da Galé, located in the west wing of the square, where Paço Real and Casa da Índia were located, is currently an exhibition and event space worth visiting;

• Cais das Colunas is, nowadays, one of the most popular places in the city to get an iconic photograph;

• Stroll along the riverside along Ribeira das Naus that starts at Cais das Colunas and ends at Cais do Sodré;

• Discover the city's memories at the interactive and innovative Lisbon Story Center museum;

• Let yourself be dazzled by the Portuguese sidewalk and the symmetry of the streets of Baixa Lisboeta starting from the Arco da Rua Augusta also known as Arco Triunfal;

• Visit the Beer Museum and delight yourself with the flavors of the beer tradition of all Portuguese speaking countries;

These are just some of the reasons to be enchanted by the beauty of this monumental square.

Make Terreiro do Paço your discovery point for the city of Lisbon: one of the best 360º views awaits you!

Book your stay here now, in our newest unit just a few meters from Terreiro do Paço.

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