The 21 year-old has been in impressive form since since breaking into the Magpies’ first team.
He made the switch from Tenerife for £2m in the summer and has netted five goals from 11 starts.
And his form towards the end of last year has attracted attention from the Premier League’s big hitters, with Arsenal and Manchester United reportedly interested.
Newcastle are no strangers to selling their prize assets, with former Arsenal target Yohan Cabaye joining PSG and manager Alan Pardew departing for Crystal Palace.
Midfielder Moussa Sissoko is reportedly going to be the subject of interest from PSG and Arsenal, meanwhile Papiss Cisse has been linked with a Man City move.
Perez, however could be the first to leave after generating high interest.
By Phil Wellbrook