Silvestre Manuel Gonçalves Varela (born 2 February 1985) is a Portuguese professional footballer who plays for F.C. Porto in the Portuguese first division, as a winger.

Varela was selected by manager Paulo Bento for the 23-man squad that competed in UEFA Euro 2012. He played ten minutes in the group stage opener against Germany, in an eventual 0–1 loss; again coming from the bench for Raul Meireles, he scored an 88th-minute 3–2 winner against Denmark in the following game.

On 19 May 2014, Varela was named in the final 23-man squad for the 2014 FIFA World Cup.