Bale trained this week as Spurs chairman Daniel Levy met with Madrid counterpart Florentino Perez to negotiate a transfer, although Perez has balked at the 24-year-old's £100 million pricetag.
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"The team is really balanced but if Bale comes he would be another plus, which is never a bad thing," Isco told the official Madrid website.
"He’s a great player. I think we already have a solid team, but he would be a good reinforcement."
The attacking midfielder then went on to voice his satisfaction with the way he has adapted to life at the Santiago Bernabeu following his €30m (£25m) move this summer.
"Everything’s been going really well. I adapted fairly quickly and my team-mates have helped me loads," he added. "There’s a really good vibe and we have to keep it that way."