The Spain international has hailed the Malaga starlet's abilities and is hopeful his compatriot will chose to join los Blancos ahead of Manchester City.
Premier League giants Manchester City is locked in a battle with Madrid for the 21-year-old's signature, and Ramos is convinced he would make a great addition to the Blancos squad should he opt to move to the Spanish capital.
"Isco is a great player and we always aspire to reinforce with the best. It's a joy [to hear rumors of a transfer]," the experienced stopper told Onda Cero.
Ramos is currently preparing for Spain's Confederations Cup semifinal with Italy on Thursday, and while he is relishing the prospect of facing host Brazil in the final, the 27-year-old has warned his side to be on point against the Azzurri.
"It'd be a dream to play a final with Brazil in Maracana but before you get to that stage you have to play the semifinal against Italy," Ramos continued. "Italy bring us good memories, they are a great team, it will hopefully be a nice game.
"We want to be the champions but we will have to approach the match very humbly with a lot of respect for our opponents."