This is really well done in every way. Massive yet nice, intrigue but not gaudy and does makes an impressive addition that complements the Plaza.
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For a very reasonable price you'll climb higher to get a very extensive view of Lisbon, bring your camera!
Beautiful Arch, probabely of the times of Augustus of one of his triumphe, a real great triumphant arch, right on Praça do Comércio, in the heart center of the city.
It is a great place to have a look around the surrounding neighborhood, no queues and it offers a great view both at night and day.
Beautiful place to stroll on a Sunday afternoon and enjoy the numerous restaurants at Rua Augusta, especially the Cada Portuguesa do Pastel de Bacalhau for cod fish pie served with Madeira wine
If you travel around Europe, then you know visiting the Arches are a must. It's very pretty and in a nice, open square. Beware of pick pockets.