Paulo Lourenço Martins Alves (born 10 December 1969) is a Portuguese retired footballer who played as a centre forward, and the current coach of F.C. Penafiel.
He amassed Primeira Liga totals of 301 games and 78 goals over the course of 13 seasons, mainly with Gil Vicente (five years). He also represented in the competition C.S. Marítimo, Sporting (three apiece) União de Leiria (two) and Braga.
Alves started coaching in 2005 and went on to be in charge of several clubs, including Gil.
Born in Vila Real, Alves moved from local club to FC Porto's youth ranks at 17, but had no success there, moving to Gil Vicente F.C. as a member of which he helped Portugal win the 1989 FIFA World Youth Championship in Saudi Arabia – in the group stage opener against Czechoslovakia, he scored a last minute header (his strongest asset) for the game's only goal. Later in his career he also managed 13 caps for the full side, scoring seven times, mostly during the UEFA Euro 1996 qualifying stage and friendlies within that period.