The Manchester City striker has enjoyed a fairly successful campaign in Spain and ahead of becoming a free agent in the summer, is pondering whether or not he should remain with Malaga or head to Brazilian outfit Botafogo.
"The interest does exist and I'm aware of it," Santa Cruz told Radio La Nueva rgs. "My agents are analysing this possibility that has appeared and there are some talks.
"It's a very big club, I'm flattered by their interest. It's always important to be wanted by a club of such size.
"Brazil has one of the most competitive leagues in the world and is very attractive, as strong as European football. Of course, I want to play in Brazil, it would be represent something important to me.
"I have spent 14 years away from Paraguay and at some point it's important to be near home, that's something that I have always had in mind, to be near family again.