The young Argentine has allegedly attracted the interest of the Champions League hopefuls with his strong performances
The 18-year-old forward joined the Portuguese champions from Cerro Porteno earlier this summer, but has yet to make his official debut for his new side.
Nevertheless, he is considered to be one of the most exciting youngsters around and has already caught the attention of Barcelona due to his performances for Argentina at the Fifa Under-20 World Cup in Colombia in August.
Although Barcelona have no intention of signing Iturbe imminently, the Catalans' sporting director, Andoni Zubizarreta, has allegedly held an informal meeting with Gustavo Mascardi, who holds 40 per cent of Iturbe's rights, to make him aware of Barca's interest.
Iturbe has a contract with the Europa League holders until the summer of 2016.