Real join Prem clubs in running for La Liga starlet.
The 20-year-old is one of the most highly regarded talents in Spanish football at the moment and could become a target for several top clubs in the near future.
Arsenal and Chelsea have been touted as main suitors for Gaya in the recent past, though the defender looked to have settled speculation over his future after signing a new contract with Valencia last season.
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However, Fichajes.net now states that Real Madrid are lining up a move for the Spaniard, with the club keen to bring in upgrades on the likes of Marcelo and Fabio Coentrao.