Penalves
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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 
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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.