Set between Rossio and Avenida da Liberdade, The One Palácio da Anunciada occupies a restored sixteenth-century palace whose carved stone, painted ceilings and ceremonial staircase remain central to the hotel. The rooms and suites introduce calmer contemporary lines, pale fabrics and marble bathrooms around the historic structure. Condes de Ericeira restaurant, the O Jardim wine and cocktail bar, an outdoor pool and Despacio Spa create a substantial collection of public spaces. Mature trees shade the enclosed garden, where terraces and fragments of the original palace architecture separate the property from the surrounding streets of central Lisbon.