The 23-year-old Greek centre-back, who joined the North London club in 2018, has been on loan at Bundesliga side Stuttgart since the beginning of the 2020-21 campaign.
He helped guide the German outfit to ninth place last season, featuring 22 times in all competitions.
And now questions are being posed as to what the future holds for Mavropanos, who has two years left on his Arsenal contract.
When asked if he can see himself staying at Stuttgart, he told BILD: "Of course I can imagine that.
"But we have to wait and see. For me, everything is perfect at the moment. The club and the city."
As well as impressing in Germany, Mavropanos has also featured seven times for Greece in 2021.
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