The 23-year-old arrived at Molineux on a season-long loan from Al-Hilal in Saudi Arabia over the summer.
And, after registering four goals and creating four more for Wolves, he has become a key figure in Nuno Espirito Santo's promotion-chasing side.
The Brazilian is now keen to set down more permanent roots in England and has told his parent club he doesn't want to return to the Middle East.
"I do not want to move back to Hilal," he told Sky Sports News. "I want to stay here.
"For sure, I want to stay and play for Wolves next season in the Premier League and then to stay in the Premier League. That is what we are all doing here. That is our target."