‘O Terraço’: one of the coolest bars in Lisbon & amazing views
‘O Terraço’ is overlooking the river Tagus , 25 April bridge and the city. It’s a great place to sit and relax with sofas and armchairs, wonderful lounge-music, close to The Castle of St. Jorge. The most amazing view over Lisbon can be enjoyed from here! This cafe/bar is located on the terrace of the old Chão do Loureiro market, Calçada do Marquês de Tancos no 3.
Definitely one of the coolest bars of the city! You can get there from Rua da Costa do Castelo, the neighborhood of The Castle of St. Jorge (Castelo de São Jorge).
Sergio Curto: ‘O Terraço’ opened about two years ago, the building belongs to the government. We also serve some snacks, toast and ‘2 plates of the day’. Opening times: daily from 12:00 – 24:00, Saturday and Sunday 10:00 – 01:00.’ Caipirinha: € 4, Mojito € 5 , a secret recipe 
Update September ‘09: ‘O Terraco’ , one of Lisbon’s beloved terrace cafés, has just closed and in a few months a new restaurant will take its place. More….
[...] street is a great cafe/bar overlooking the river Tagus, 25 April bridge and the city, ‘O Terraço‘, spectacular [...]
I love this bar too!