Maria Vladimirova Penkova (, born 25 June 1984) is a retired tennis player from Bulgaria.
In her career, Penkova won two singles titles on the ITF Women's Circuit. She is a former member of the Bulgaria Fed Cup team.
In 2005, Penkova won a European club championship in Rennes, France as a member of the Cherno More Elite team (Bulgarian: çõÃÂýþ üþÃÂõ ÃÂûøÃÂ). Her teammates were Virginiya Trifonova, Sesil Karatantcheva and Tsvetana Pironkova.