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Part Matriz/Mariadeira
Colours ND
Symbol ND
Association ND
Civil parish(es) Póvoa de Varzim (parish)
Religious parish(es) Matriz
Neighbourhoods of Póvoa de Varzim Bandeirapvz.png

Penalves is a neighbourhood of the Portuguese city of Póvoa de Varzim.

Penalves was formerly known as Penalva or before it as Penalva de Regufe. Penalva is of Celtic roots: pen from penha (stone) with alva (white), thus white stone. In the 17th century, the Penalves variant became common.

Penalves is located in the south part of Matriz/Mariadeira district.