Municipal Valencia is a Honduran football club based in Tegucigalpa, Honduras.

They however played their home games in the Estadio Fausto Flores Lagos, Choluteca when they were in the Honduran first division.

[1] Municipal Valencia was founded by Jorge Jimenez and Vicente Williams Zelaya.

Before the beginning of the 2006–07 Apertura season Valencia sold its category to Hispano for three million lempiras due to financial debt to financial institutions generated by the salaries of the players and coaches as well as the costs relating to the maintenance of the team.

Most of the team's members became members of Hispano such as manager Edwin Pavón and many of the players including Luis Rodas, Kerpo de León, Gilberto Santos, "Tuché", Marco Mejía, Henry Jiménez, Johnny Galdámez, Gerson Amaral, Rigoberto Padilla and Roy Posas.