The 19-year-old joined the Giallorossi from Nacional over the summer, but has failed to make a first team impact so far.
"We will see what happens in January," agent Pablo Bentancur told itasportpress.it. "If an offer comes in, we will evaluate our options.
"However, we will always give priority to Roma. They believe in the potential of the boy - they are the ones who took him from Uruguay when no one knew about him.
"It is true that he is playing very little football, but Nico is a young player who still has much to learn."