The 25-year old joined Jose Bordalàs side on a season long loan at the start of 2019-20, after joining Valencia following his release from Levante.
Boss Albert Celades is reportedly open to the midfielder remaining in Madrid beyond this summer, if a move can be completed.
However, according to reports in Mundo Deportivo, Getafe may offer another loan, if their budget is reduced in the coming months.
Los Che would be open to either a transfer or another loan deal, with a purchase option included, as the Galician born player has no place in Celades’ plans.