Alfeo \a-lfeo, al-feo\ as a boy's name is a variant of Alfred (Old English), and the meaning of Alfeo is "elf or magical counsel". The baby name Alfeo sounds like Alfio, Alfey and Alfo. Other similar baby names are Alfeos, Alley, Allen, Alen, Alano, Aldo, Alldo, Alec, Aled, Alejo, Alem, Aleko, Alek, Aleco, Alfy, Alfrey, Alfre, Alfie, Alf, Algey, Alfa, Alfeus, Alto and Alven.