The MNAA was founded in 1884 to display the collections of the Portuguese Royal Family and the National Academy of Fine Arts. It is housed in the Palácio Alvor-Pombal, a former residence of the 1st Marquis of Pombal which was expanded when it was converted into a museum. The museum's collection spans more than a millennium of art from Europe, Asia, Africa, and the Americas and includes notable artworks by Hieronymus Bosch, Raphael, Hans Holbein the Elder, Francisco de Zurbarán, Albrecht Dürer, Domingos Sequeira, and Giambattista Tiepolo, among numerous others.