WI Spain conquers Portugal in the 1700s. How much territory would they annex?

Pick one of the numbers below for each net victorious outcome of a war involving Spain over Portugal in the 1700s, maybe two if all or most of Portugal itself is occupied as was threatened in 1762. But each will only fuel irredentism among the Portuguese.

1. Island Colonies - East Timor, Madiera, claims in the Persian Gulf, and the Azores.

1a. Southernmost Brazil might also be added to that if the victory was large enough but could also stand on its own.

2. Join the Family Pact (of the Bourbons) with renunciation of alliance to Great Britain.

3. Northern Brazil probably including Sao Paolo.

4. Oporto or the Algarves (Northern mainland Portugal or Southern mainland Portugal).

5. Mainland colonies - Goa/Indian claims, Mozambique, Angola.

6. Portuguese parliament made to join/work with the Cortes only after all of the above are met or if the victory is just that large and Britain uses it to its own advantage, though the Portuguese will never forgive them for it and such is highly unlikely.
 
Spain doesn't need additional territories.
It needs the respect that would come from defeating Portugal.
There's very little territory that they could reasonably hang on to without additional effort. Brazil? Shirley, you must be joking. (no I'm not joking, and stop calling me Shirley). There isn't a chance in hades that Spain can retain much more than modern Uruguay. Angola/Mozambique? talk about a money pit.
Portuguese homeland? nibbles, maybe.

The entire trick in conquest is to take what you want and easily keep it, while making money off it.

there's a reason Britain let Portugal keep territories it could have easily taken (although they did take whatever they wanted). It's far easier to let an 'ally' maintain the territories then use it for trade (often smuggling).
 
I might be off base, but I think Spain would seek to divest Portugal of its colonies before they considered rocking the boat so much by annexing Portugal itself. If at a later date Portugal was successfully reduced from being a world power to being just a small impoverished, powerless European state entirely dependent upon other states for its trade, Spain swallowing it up entirely might be more palatable to the rest of Europe.
 
I might be off base, but I think Spain would seek to divest Portugal of its colonies before they considered rocking the boat so much by annexing Portugal itself. If at a later date Portugal was successfully reduced from being a world power to being just a small impoverished, powerless European state entirely dependent upon other states for its trade, Spain swallowing it up entirely might be more palatable to the rest of Europe.
Who cares about the rest of Europe?If Spain wants to swallow Portugal,it only needs to look at the opinion of Britain and France.
 
I might be off base, but I think Spain would seek to divest Portugal of its colonies before they considered rocking the boat so much by annexing Portugal itself. If at a later date Portugal was successfully reduced from being a world power to being just a small impoverished, powerless European state entirely dependent upon other states for its trade, Spain swallowing it up entirely might be more palatable to the rest of Europe.

The most effective way of making Portugal weaker as a power in future wars is not by stripping Brazil or other colonies away, but by grabbing territory from the homeland. If Spain can surround Portugal from three sides, that would particularly be worth a lot.
 
Portugal may have been an empire (mother country with significant colonies) but in the 1700's it wasn't anything remotely resembling a power. If Spain hadn't been so inept in 1762 (and even still they came a hair away from winning), this wouldn't have been an academic question/thread. We'd have known what they would have taken.
 
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