Is the word bonito the same in Brazilian and European Portuguese?

No.

While the meaning, spelling, and grammar remain the same, there are differences in pronunciation and typical usage. In Brazil, "bonito" is the universal, standard word used for almost anything pretty, handsome, or nice. In Portugal, while "bonito" is used, it is often reserved for more intense or significant beauty; for everyday items or people, a Portuguese person would naturally use the word "giro" (meaning cute, pretty, or nice). Additionally, the pronunciation of the unstressed "o" in Portugal is much more reduced and muffled, sounding closer to a "u," whereas in Brazil, it is typically more open and clear.

Brazilian Portuguese examples:

1. Esse carro é muito bonito. (This car is very beautiful.)
2. Ele é um homem muito bonito. (He is a very handsome man.)
3. Que dia bonito! (What a beautiful day!)
4. Achei o seu presente muito bonito. (I thought your gift was very pretty.)
5. O seu trabalho ficou muito bonito. (Your work turned out very beautiful.)

Continental Portuguese examples:

1. Esse carro é muito giro. (This car is very nice/pretty.)
2. Ele é um homem muito giro. (He is a very good-looking man.)
3. Que dia lindo! (What a beautiful day!)
4. Achei o teu presente muito giro. (I thought your gift was very nice/cute.)
5. O seu trabalho ficou muito bonito. (Your work turned out very beautiful.)