The finest square in Lisbon is where the royal palace destroyed by the earthquake once stood, hence its name, the Terreiro do Paço (Palace Terrace). It is lined by classical buildings with yellow façades resting on galleries with arcades and is an excellent example of Pombaline style. A Baroque triumphal arch forms a backdrop to the statue of King José 1. King Carlos 1 and his heir, Prince Luis Felipe, were assassinated on the square on 1 February 1908.