"I want to play for Real Madrid in the future," he told Globo Esporte. "They are the team of my dreams since I was little and I would like to play with Cristiano Ronaldo.
"But I don't intend to go to Real Madrid now. I am still very young and I'll stay in Europe for a long time. I am playing for a big club. I want to stay here or return to Chelsea as I liked them a lot."
Wallace, who has been capped by Brazil at Under-20 level, has made two first-team appearances since joining Inter.