Commerce Square, Lisbon

Known as Praça do Comércio, Commerce Square in Lisbon is a grand square, one of the largest in Europe, spanning approximately 36,000 square meters. Encircled by 79 arches, this expansive square stands as an architectural treasure, and features stores and restaurants. It is a meeting point for events, protests, and more, one that represents the capital’s history.

History

Commerce Square in Lisbon represents the essence of Portugal’s capital and its history. In 1511, King D. Manuel I made a pivotal move, transferring his residence from the São Jorge Castle to this site adjacent to the river.

However, later on, what was known as the Paço da Ribeira, along with its remarkable library housing 70,000 volumes, was destroyed in the 1755 earthquake. Under the guidance of Eugénio dos Santos, the reconstruction phase became pivotal, with the square evolving into a fundamental element of the Marquês de Pombal’s master plan.

The buildings encircling the square served various ministries and public institutions for many decades. Today, their purpose has diversified, encompassing government departments, cultural and promotional activities, hotels, restaurants, and cafés. Notably, the square houses the renowned Café Martinho da Arcada, Lisbon’s oldest café, and a beloved haunt of Fernando Pessoa.

At the heart of the square, the equestrian statue of D. José, erected in 1775 by Joaquim Machado de Castro, the leading Portuguese sculptor of the 18th century, takes center stage.

Following the 1910 Revolution, the buildings were painted in a striking pink hue, though they have since reverted to their original yellow color. 

For centuries, Commerce Square was the grand entrance to Lisbon. Notable statesmen and prominent figures disembarked and were received on the marble steps of Cais das Colunas, arriving from the river.

Spots & Restaurants 

  • Martinho da Arcada

  • Marisqueira Azul

  • CAN THE CAN
  • By The Wine
  • Wines of Portugal

Related Tours

Stay up to date
Subscribe To Portugal.com's Newsletter

Receive the latest news, travel information, stories, offers and more!

Invalid email address
Give it a try. You can unsubscribe at any time.

Location

Join our FB group Portugal Travel & Living for all things Portugal and news updates
Previous article
Next article

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Follow Us

633FansLike
13,490FollowersFollow
159FollowersFollow

Most Popular

Portugal Passes New Nationality Law That Tightens the Path to Citizenship; Final Review Rests with the President

On October 28, 2025, Portugal’s Parliament approved sweeping changes to the Nationality Law. The final vote saw 157 votes in favor and 64 against...

The Latest Proposed Changes to Portugal’s Citizenship Law

The Portuguese Parliament is currently reviewing significant changes to its citizenship law, which were first announced in June 2025. The proposed reforms (which are...

D7 vs Golden Visa: Which Route to Portugal Is Right for You in 2025?

If you are considering Portugal, whether to retire, relocate, invest, or simply secure a “Plan B,” you are far from alone. Portugal remains one...

Latest Articles