| Valter Costa | |
| Fullname: | Valter Manuel Pereira da Costa |
| Birth Date: | 25 November 1949 |
| Birth Place: | Barreiro, Portugal |
| Position: | Midfielder |
| Youthyears1: | 1965–1968 |
| Youthclubs1: | Barreirense |
| Years1: | 1968–1974 |
| Years2: | 1974–1977 |
| Years3: | 1977–1980 |
| Years4: | 1980–1982 |
| Years5: | 1982–1983 |
| Years6: | 1983–1984 |
| Years7: | 1984–1987 |
| Clubs7: | Barreirense |
| Caps1: | 110 |
| Goals1: | 9 |
| Caps2: | 50 |
| Goals2: | 0 |
| Caps3: | 77 |
| Goals3: | 7 |
| Caps4: | 45 |
| Goals4: | 4 |
| Caps5: | 29 |
| Goals5: | 0 |
| Nationalyears1: | 1974 |
| Nationalteam1: | Portugal |
| Nationalcaps1: | 1 |
| Nationalgoals1: | 0 |
Valter Manuel Pereira da Costa (born 25 November 1949, in Barreiro) is a former Portuguese footballer who played as midfielder.
Costa gained 1 cap for Portugal, on 3 April 1974 in Lisbon against England, in a 0-0 draw.