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Commerce Square
Praça do Comércio is also known as Terreiro do Paço (Palace Square) and is often called "Black Horse Square" by the English. This is one of the most majestic squares of Lisbon and was once the main maritime entrance to Lisbon.
Commerce Square: view from a ferry sailing from the Cais do Sodre to the other side of the Tagus river
Praca do Comercio also known as Terreiro do Paco ( Palace Territory) is clearly a reference to the Palace that was located here for 400 years, until the 1755 earthquake that almost completely destroyed it. The spacious arcaded buildings of old Palace located around three sides of the square are now occupied by the government administrative offices and some restaurants. Praca do Comercio is very impressive mainly because of the huge amount of space it occupies . In the middle of the square stands a statue of King Joseph I on the horse made by Joaquim Machado de Castro in 1774. On the north side of the square you will see a triumphal arch that leads to Rua Augusta and one of the city’s legendary cafes, Café Martinho da Arcada (Lisbon’s oldest café). Since August 2013 , the top of the Arch is open for tourists. It offers a very beautiful view of the Rua Augusta, St George’s Castle , the River Tagus and of course Comércio Square .
Commerce Square: Lisbon's monumental riverside square
Praca Comercio
Commerce Square

Praça do Comércio is not only a popular spot among Portugueses and tourists, but it is also a historical place where many tragic events took place. Here, King Carlos I and his son Luis where shot and the event ended era of monarchy in Portugal.

It was also the heart of old Lisbon and main martime entrance to the city. Later, in the days of the Salazar’s dictatorship , the area was used as a car park and a busy street that runs along the waterfront and spoils the view of the river. Today , restored square regained its splendor and became popular place of concerts and festivals .


Tram: 15, 25
Bus: 711, 714, 732, 735, 736, 759, 760, 781, 782, 794
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Nearby locations
The famous tram (Electrico 28) is undoubtedly one of the most characteristic symbols of Lisbon. A trip on the old yellow tram through the hills and narrow streets of Lisbon is a "must"! The route of E28 starts in Largo Martim Moniz and ends in Prazeres taking you throught the most important districts of the city.
Santo Antonio (better known as Saint Anthony of Padua), revered as a matchmaker, protector of young brides, and patron of the lost and found, was actually born in Lisbon, on the site of this church.
Romanesque cathedral, which history reaches back to XII century when Lisbon was conquered by Afonso Henriquez from Moors and the country-Portugal- was established. This Cathedral is among the most important Portuguese religious buildings.
Rua Augusta (Augusta street) is located in This street has on both extremes two squares: the Rossio Square and the Commerce Square.
Although it is in a walking distance, Chiado can be reached from Baixa by the Elevator Santa Justa. This is the glamorous neighbourhood of cafes, theaters, bookstores and fashion shops. Once the center of intellectual life, today it is one of the most fashionable neighborhoods in Lisbon.
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