Smith & Adams, Lisbon

The whole asset, held to one standard.

Independent real estate investment and residency advisory in Portugal.

Track record

We publish trustworthy, net-of-cost performance on Portuguese property.

1,000+
Investors advised
€300M+
In advised investment value
300+
Assets under management

An authority on the whole of the business, not one end of it.

We are an owner-operator group with an advisory practice inside it, not a brokerage, a lifestyle brand or a residency shopfront. Restraint is the strategy: quiet type, generous space, and numbers you can verify.

End to end, by design

Six functions under one roof means no gap between the advice given and the work delivered.

Proof: developments delivered, units under management, in-house trades.

Independent advice

We are paid to be right about the asset, not to move it. That includes saying no.

Proof: fee structure, deals declined, written recommendations.

Reported, not promised

Yield, occupancy, cost and cash flow, quarterly, in the same format every time.

Proof: the quarterly report, occupancy history, owner references.

From first call to keys in hand, and every stage in between, held to the same standard.

  • 01AdviseIndependent analysis before a single euro moves.
  • 02AcquireSourcing and due diligence on assets that fit.
  • 03RenovateIn-house delivery, built to an operator's standard.
  • 04LetOccupancy and yield on owned and client stock.
  • 05OperateHands-off management for owners based abroad.
  • 06ReportNet-of-cost performance, quarterly, unedited.

Two ways in, one advisory core.

Investment Advisory

For buyers focused on yield and capital growth. We identify, vet and structure property investments across Lisbon, Porto, the Algarve, Cascais and the Silver Coast.

Net returns and risk are laid out clearly before you commit.

Explore investment advisory

Residency & Citizenship Advisory

For buyers where property is the route to residency. We guide Golden Visa and D2 applicants through eligible investments, end to end.

Property selection, legal structuring and the visa process, so one decision does two jobs.

Explore residency & citizenship

Real stories, real success.

International investors we have advised across Portugal, in their words.

Insight, not marketing.

All articles

Investment

Investing in Portugal real estate in 2026

Yields, the strongest markets, tax after NHR, and what net-of-cost returns really mean.

Read the article

Market

The real estate yield in Lisbon

Stability, compression, and the new investor profile behind Lisbon's numbers.

Read the article

Analysis

The scarcity premium

Why supply-side constraints are Lisbon's real value floor.

Read the article

Objective advice starts with a conversation.

No obligation, no pressure to buy anything specific. Just a clear view of what is possible, and whether residency belongs in the plan.