| Competition: | Liga Mayor |
| Season: | 1938–39 |
| Winners: | Asturias (2nd title) |
| Matches: | 42 |
| Total Goals: | 226 |
| League Topscorer: | Miguel Gual (20 goals) |
| Prevseason: | 1937–38 |
| Nextseason: | 1939–40 |
The 1938-39 season was the edition XVII of the league's amateur era called Liga Mayor.