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Do the ancient churches built by the Portuguese have a statue of mermaid on the façade?
The short answer is yes , but they are difficult to locate.
For example, the Jerónimos Monastery or Hieronymites Monastery, is a former monastery of the Order of Saint Jerome near the Tagus river in the parish of Belem and it's façade has mermaids on it.
Engravings of sea mermaids writhe on the façade of the Jerónimos Monastery, a World Heritage site where da Gama’s body now rests. - Road Trip Bliss: Portugal’s Southern Coast
If one looks carefully one can see the mermaids hereand here.
In the Middle Ages a chapel had been erected on this site in honor of Our Lady, Star of the Sea. This maritime association with the Virgin was important since ships were anchored nearby. Prince Henry the Navigator ordered that additions be built to the small chapel and then renamed it Santa Maria de Belém. - Jerónimos Monastery
I have also been able to locate an image of a mermaid carved in a capital at Travanca Monastery in Portugal.
Mermaids carved in a capital at Travanca Monastery. - Portuguese Romanesque architecture
In any case I would like to make a few remarks on this subject at hand.
First of all, we are not to associate any European mermaid art in Catholic churches with the imaginary mermaid saint: Muirgen. It is absolutely bizarre how some ancient folklore cam make a mermaid a saint. The Mermaid Saint story or legend is imaginary, yet it stresses the importance of baptism and as such may have been used as a teaching tool. No such St. Muirgen the Mermaid exists.
Medieval mermaids in European architecture is not as uncommon as one would think and this would certainly include Portugal. This is more of a Western European subject matter than merely just Portugal or Spain.
A strange part of the story of the medieval mermaid, is that images of mermaids are fairly common in old churches. They were part of the usual depictions of temptations and other vices that men were to resist. - The Medieval Mermaid
Here are some examples:
Zennor church is famous for a carved medieval chair, or bench end, displayed in the south side chapel. The carving is generally dated to between 1400-1500. The carving shows a mermaid carrying a comb and mirror.
In later images the quince has become a mirror, a symbol of heartlessness and vanity, which rather twists the original meaning. In the medieval period it was a common Cornish custom to perform 'miracle plays', in which the mermaid was used to represent the dual nature of Christ; just as the mermaid was both fish and human, Christ was both God and man. You can still see medieval wall paintings of mermaids in other Cornish churches, such as Altarnun and Breage, but only at Zennor is there a surviving mermaid carving. - Zennor Church and the Mermaid of Zennor
A mermaid upon a roof boss in the presbytery of Exeter Cathedral (former Catholic Cathedral)
The Mermaid and the Symbolism of the Fish in Art , Literature and Legendary Lore has this to add to our subject:
Of the occurrence of the Mermaid in Ecclesiastical decoration, a few words will suffice. It is one of the most common of subjects on the carved misereres of our cathedrals and churches, and is also found sculptured on brackets, bosses, doorways, and capitals of pillars.
The mermaid lore is symbolic of temptation and losing one's soul forever:
The popularity of the medieval mermaid continued and in the Middle Ages the church decided to do something about it. They changed the mermaid into a symbol of lust and temptation. The story of Odysseus and the sirens was changed so that the sirens were now mermaids. Odysseus' ship was a symbol of the church, and it's mast the cross of Jesus. The mermaids were the temptations that call men away from the church. - The Medieval Mermaid