Carlos Álvarez

As of May 2026, the player's market value was reported to have increased to €15 million. Throughout summer 2025, when Benfica's interest was high, several valuations were reported: a potential deal was cited between €20-25 million by one source and €15-18 million by another. It was also reported that Levante rejected an offer of €15-20 million, with the club publicly stating they would not sell for below €20 million. The player has a reported active release clause of €25 million, which Levante is attempting to increase to €35 million in contract extension talks.

Our valuation is driven by renewed interest from Benfica and the figures discussed during their pursuit in summer 2025, where reports indicated offers around €15-20 million were rejected by Levante, who pointed to the €25 million release clause. With Carlos Álvarez now entering the final year of his contract as of June 2026, we estimate a value slightly below the clause, anchored around the €20 million figure Levante reportedly demanded. The significant sell-on clause payable to Sevilla also incentivizes Levante to hold out for a substantial fee.