Sanchez's Arsenal future remains shrouded in mystery as he continues to stall on signing his new deal at the Emirates.
City boss Pep Guardiola is keen to snap up the 28-year-old and a move to the Etihad is looking likely this summer.
City goalkeeper Bravo admits he'd relish the chance to play alongside Sanchez at club level as well as internationally.
He said: "I've said on numerous occasions, he's one of the best players in the world.
"He plays at an incredible level for the national team and an incredible level at his club. He has a great future ahead of him.
"He's always reaching new heights with the national team.
"It's great to see him growing as a player. Of course, I would love to have him as a team-mate.
"But it's not a matter just for the two of us. It's something the clubs have to go through."
Sanchez today confirmed that he has made up his mind on where he will be playing next season.
Asked if he will be teammates with Bravo next season, Sanchez said: "Good question! Right now I’m focused on the Confederations Cup.
"When this is finished I will see if I stay or go. I don’t know."
Asked if his decision is clear in his mind, he replied: "Yes, it’s clear. But I can’t tell you."
And when directly asked by about the possibility of remaining at Arsenal, he said: "I don’t know, my friend. I don’t know."
