According to Transfermarkt, Álvarez almost joined Benfica last summer, but Levante rejected an offer of €15-20m, which was below his €25m exit clause.

A Bola reports on the potential transfer of Carlos Álvarez to Benfica. Carlos Álvarez, a winger from Levante, is a confirmed target for Benfica. Closing the deal is not easy, with an investment of €20 million required.

Carlos Álvarez is being considered by Benfica as a potential reinforcement in the final stretch of the transfer market. However, no formal offer has been made yet by Benfica. Levante publicly states they do not need to sell the player and are not willing to accept a sale below 20 million euros. Sevilla, the player's training club, is entitled to 40% of any transfer fee. Levante's coach, Julián Calero, has expressed acceptance of a possible departure, acknowledging that in the market, the bigger clubs often overpower the smaller ones.

A Bola has reported that Benfica is interested in signing Carlos Álvarez. The young Spanish international is reportedly aware of Benfica's interest and is enthusiastic about the potential transfer. However, Benfica has yet to make a formal offer and is still deliberating on whether to pursue the signing. Their decision is said to be influenced by their UEFA Champions League qualification and ongoing negotiations for another target, Sudakov. Although Álvarez is a key player for Levante, he has been recovering from an injury, which has limited his playing time this season. Levante's sporting director, Héctor Rodas, confirmed that while there has been no formal proposal, the club is not actively seeking to sell Álvarez, particularly given his recent contributions to the team's success.