Panicherevo (Bulgarian: Паничерево) is a village in central Bulgaria.

[1] Panicherevo is located in Stara Zagora Province and has a territory of 41.713 km2.

The village lies on the second class II-55 road that connects Veliko Tarnovo in the north and Svilengrad on the border with Turkey and Greece to the south.

Panicherevo is situated in the Kazanlak Valley, at the southern foothills of the eastern lower parts of the Sredna Gora mountain range.

The village is close to the shores of the Zhrebchevo Reservoir on the river Tundzha.