West Ham are already planning which players they want to sign ahead of next season.
The 21-year-old Spanish midfielder currently turns out for Levante in La Liga, having started his career as part of the Valencia youth system.
Naturally a holding midfielder, he can also play in a more advanced role, and his impressive performances for Levante have earned him international recognition at Under-21 level for his nation.
This season, Camarasa has played 25 games, scoring two goals and registering three assists. He has managed 1.3 tackles and one interception per game this term, averaging a pass completion rate of 85%.
Levante are struggling in La Liga, sitting second bottom, and the report claims that the club will have to sell Camarasa this summer should they be relegated.
The Hammers are confident that they will be able to secure his signature for as little as £3 million, which would be a remarkably good fee for a player considered one of the best young players in European football.
The Hammers are going to be ambitious in the summer transfer window ahead of their move to the Olympic Stadium, and Camarasa is seen as one of the prime targets that they want to bring to the club.
The report claims that Stoke City wanted him in January, before settling on, and signing, Gianelli Imbula, whilst Newcastle are also reportedly keen on the Spanish Under-21 star.