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The work of Pedro Costa predominately focuses on impoverished communities living in Lisbon’s periphery. Furthermore, his stylistic choices, editing rhythms and use of non-professional actors have been considered as part of the ‘slow cinema’ tradition. This is further supported by an often harsh and unromantic mise en scène. Costa’s cinema, paradoxically, embraces and rejects much of this discourse. His films can be considered an interstice within the murky realms of docudrama. What is present throughout Costa’s work is a sense of ‘realist’ portrayals of under- and working-class communities through (literal) moving image portraits. Indeed, through specific composition and lighting that resembles portrait photography, Costa captures performances by non-professionals, actors without traditional training who are often found in Lisbon. Here, the analysis will explore Costa’s approach to realism, particularly in Horse Money (2014) and Vitalina Varela (2019) which share characters, though are not sequels to one another. What is proposed in this article is an attempt to understand the facets that reflect Costa’s challenges to traditional cinematic realism as he incorporates numerous creative strategies, from aspects of slow cinema to photographic portraiture and, finally, performances of non-professional actors.