After winning the European Championships, the current incumbent has stated that he will step down when his contract expires this month and cannot be talked back into the job.
When he first announced his decision to go, Aragonés replacement was tipped to be Del Bosque and he remains the favourite among the Spanish Football Federation.
The former Real Madrid coach would face a daunting task after la Furia Roja lifted their first major trophy since 1964 in Austria and Switzerland.
"What Luis has done is a tribute to all Spanish coaches and for that we owe him our thanks," Del Bosque told AS. "It was perfect work. Luis knew how to pick the best players and to find the perfect system for them."
Spain have been roundly praised for their form throughout the tournament and Del Bosque joined in the current feeling that the form of the side had brought all of the country slightly closer to together.
"They played with insurmountable form and were superior to all rivals, even those who were champions of Europe and the world," he said.
"It's a young national team with a lot of appeal."
Lucas Brown, Goal.com