The effect of La addition and the nature of the precursors on the surface properties of Pd/SiO2 are studied. Samples containing 0.5 wt% Pd were prepared by incipient wetness impregnation and characterized by H2 and CO chemisorption, TEM, TPR, EDX, XPS, Ar+-sputtering and CO/FTIR. The use of nitrate precursors improves both reducibility and dispersion of Pd. Lanthanum addition makes the metal reduction more difficult, indicating that a Pd-La interaction takes place. When starting from Cl- precursors, Pdn+ species are formed at the surface, whereas only Pd0 is found when nitrate precursors are used. The addition of LaCl3 increases the Pd dispersion and hinders the formation of Pdn+ species through a dilution effect. In a sample prepared from Pd(NO3)2+La(NO3)3, the La2O3 formed upon calcination originates a SMSI-like effect on the palladium. This effect is suggested by the strong reduction of the H2 and CO chemisorption capacity of Pd in this sample, in spite of the fact that the dispersion of palladium calculated from TEM increases in the presence of La. From XPS results this SMSI state appears to be due to a physical decoration of Pd by La2O3 rather than to an electronic Pd-La2O3 interaction. The ``decoration model'' is further confirmed by the progressive increase of the Pd/La atomic ratio observed upon XPS/Ar+-sputtering at different times the sample containing La. The hypotheses of both dilution and decoration effects caused by LaCl3 and La2O3, respectively, are strengthened by the CO/FTIR results.