The influence of deficit irrigation (Deficit) and reflective mulch (Reflective) of Caldesi 2000 nectarines on the content of individual phenolic compounds was studied at harvest and during storage for 2, 4, and 6 weeks at 2 °C during two consecutive years (2007 and 2008). Individual phenolic groups in the edible fruit part consisted mainly of proanthocyanidins (200 mg/100 g fw), lower content of phenolic acids (17 mg/100 g fw), and minor content of flavonols (5 mg/100 g fw) and anthocyanins (1.2 mg/100 g fw). Deficit irrigation increased the content of total phenolics, including proanthocyanidins and phenolic acids, reaching similar amounts in both years. Sun-exposed fruit (upper part of canopy) showed higher content than shaded fruit (lower part of canopy). However, Reflective significantly increased the content of total phenolics, particularly phenolic acids and proanthocyanidins, of fruit located in the lower part of the canopy. During storage, Deficit and Reflective did not affect the content of phenolic acids, flavonols, and proanthocyanidins when compared to the content at harvest. Optimizing cultural practices can be a way to increase the phenolic content of nectarines.