The Israeli player has been linked with a free transfer to Loftus Road, but has admitted that he is unsure whether to commit himself to the Championship.
"Pini Zahavi is pressing me hard to sign for QPR but at the moment I'm inclined towards moving to Spain," the Daily Mail quotes Benayoun as saying.
"However, things can change in one second. I also have an offer from Malaga and we are set to agree everything.
"The only thing that is bothering me is that I won't be able to play until January because they have their full quota of non-European players and I don't hold an EU passport."
The 33-year-old was released by the Blues in the summer following the expiration of a three-year contract.