It’s 5:20 in the morning and while most lisboetas are still sleeping, Lurdes and Ermelinda Neves are already arriving at the Mercado da Ribeira in the Cais do Sodré neighborhood. Cooks and chefs from Lisbon’s restaurants start showing up at this central market at 6 a.m., and these two seafood sellers need to prep their stall for the day. On this April day, there are clams, both from Setúbal and the prized ones from Ria Formosa, in the Algarve; sea snails; the beloved percebes (gooseneck barnacles); mussels and canilhas (a kind of small and spiky whelk) from Peniche; and cockles and shrimp of different origins – although the best seafood usually comes from the southern shore, the western coastline also yields some excellent specimens.

“It’s good for tourists, not for us.” While this can sadly be said about many things, Anabela, the woman we are speaking to, is referring to the transformation of Mercado da Ribeira, Lisbon’s historic public market, where she co-runs a small grocery store. Originally built as a predominantly wholesale food, fish and flower market in 1771, Ribeira today shares its space with Mercado Time Out, financed by the venture capital firm that controls the publishing franchise in Portugal, which has occupied the central section of the market since 2014. Time Out’s concept: an “editorially” curated gourmet food hall. Selling the best of Portugal – from croquettes and custard tarts to seafood and steak – it is now a top attraction, with 24 restaurants, eight bars, a dozen shops and a high-end music venue.