I like to start my Lisbon days here, toes almost touching the Tagus and the yellow arcades framing the light. After dozens of visits, I use the square as my compass for Baixa. It is grand, sometimes windswept, always photogenic. Use the guide below to read the layers, dodge the crowds, and fold the square into a smooth downtown route.
Open StoryHunt’s Lisbon audiowalk at the square, then let it lead you under the arch and into Baixa.
What is the story behind Praça do Comércio?

Before 1755 this waterfront platform held the Ribeira Palace and the royal household. The earthquake, fires, and tsunami erased it, and the Marquis of Pombal’s team rebuilt the district with rational streets and new arcs. Locals long called the site Terreiro do Paço, palace yard, a name still heard today. The equestrian statue and triumphal arch arrived in the centuries that followed.
Why is the Praça do Comércio important?
This was the ceremonial river gateway to the capital, where ambassadors landed and trade flowed into warehouses. After the disaster it became the symbol of Pombaline planning, with anti seismic construction and a coherent grid. Today it anchors festivals, ferries, and orientation for most city walks. I always start visitors here, because the view explains Lisbon in one glance.
Use the StoryHunt audiowalk to hear the earthquake chapter while you scan the skyline.
What to do in Praça do Comércio?
Give yourself time to wander the arcades, check the river steps, and look up at the arch. If you like bite sized museums, the Lisbon Story Centre explains the quake and rebuild in a short loop. I prefer unhurried laps for photos, then a coffee watching ferries slide past. Save the climb for the arch terrace if conditions look clear.
Ideas at a glance:
- Photograph the equestrian statue with the castle aligned behind
- Duck into the arcades for shade and street musicians
- Step to Cais das Colunas for river reflections
- Start your Baixa to Chiado route under the arch
Keep StoryHunt playing between stops, so every minute adds context.
Is the Praça do Comércio free?
Yes. The square is public space, open day and night. You pay only for add ons, such as the arch viewpoint or nearby museums and cafés. I treat the square as an open air gallery, then decide on paid extras depending on weather and time. If rain blows in, the arcades offer shelter and the museum becomes a handy plan B.
What is the main tourist square in Lisbon?
Most visitors split their time between Praça do Comércio by the river and Praça do Rossio a few minutes inland. Comércio wins on scale and setting, Rossio on buzz and café life. For a first morning I start at Comércio for light and space, then drift up Rua Augusta to Rossio when the city hum rises and bakeries open wider.
How to get to Praça do Comércio?
It is easy to reach from anywhere in central Lisbon. I often arrive on foot from Baixa, then leave by tram or ferry if I want a river angle. Metro links are close, and rail to Sintra starts at nearby Rossio. If you are rolling luggage, the flat riverside approach is kinder than the hills behind.
Connections that help:
- Metro: Terreiro do Paço or Baixa Chiado within a short walk
- Ferries: Terreiro do Paço terminal for cross river trips
- Trams and buses: frequent Carris services along the waterfront
Let StoryHunt thread the square into a no detours loop of Baixa and Chiado.
Best time to visit Praça do Comércio
Early morning gives calm air and long shadows across the paving stones. Late afternoon warms the facades and turns the river into a soft mirror. Midday can be bright and breezy, so I dip into the arcades or move on toward Rossio. After rain the reflections are superb. Night visits feel safe with the usual big city awareness.
Is it worth seeing Praça do Comércio?

Yes, with a clear plan. The space is vast and the mood changes with weather. On windy days, the river can whip through and thin out the charm. On clear days, it is a perfect launch pad for Baixa. I rate it essential for first timers, then I balance time here with the arch terrace or a ferry hop, depending on light.
Turn the stop into a story by following StoryHunt’s audiowalk toward the arch and up into the old city.
What else is nearby Praça do Comércio?
Everything you want lies within minutes on foot, which is why I use the square as a base.
- Arco da Rua Augusta, the triumphal gateway with a 360 degree terrace
- Elevador de Santa Justa, an iron lift that links Baixa to the Carmo terrace
- Convento do Carmo, a roofless Gothic nave with a compact museum
- Praça do Rossio, a classic meeting place with wave patterned stone
Explore this set with StoryHunt’s immersive audiowalk to keep your route efficient and story rich.