Suarez has enjoyed his most successful season at Anfield, scoring 31 goals and receiving the PFA and Football Writers' Player of the Year awards.
Liverpool narrowly missed out on the Premier League title, with Manchester City claiming the trophy on the final day, but a second-placed finish ensured their return to the Champions League.
Suarez is glad to be back in Europe's top competition and believes it might be the club's best chance of success due to the highly competitive nature of England's top flight.
"The most important thing was to focus on the Champions League because the last four or five years Liverpool, the players, is a good moment for the comeback to a step on the Europa League to Europe's top," Suarez told Sky Sports News.
"We know how difficult the Premier League is, because you never know what they are doing and I think maybe this year (Manchester) City have more players by then and Chelsea as well, (Manchester) United.
"Is difficult but in football it's a dream, because the stadium is unbelievable, the fans are the 12th player because they help so much.
"In my career they know what is important and myself and my family as well because they help so much."
The Uruguayan was forced to refute fresh speculation this week about possible interest from Barcelona and Real Madrid.
There have been constant claims about the future of Suarez, who was heavily linked with a move away after being handed a 10-match ban for biting Chelsea defender Branislav Ivanovic.
But Suarez insists he is loving life in Liverpool and was glad to extend his stay with a new four-and-a-half-year deal in December.
"I signed the contract because I love it here and I'm so happy here. If you're not happy here you don't sign any contract," he said.
"Liverpool's team for me is one of the best in the world because nobody here in the dressing room thinks I am better than another and the people here inside Melwood work very well.
"I love it here and this mentality I like because maybe in some other dressing rooms I am bigger than you and another bigger, it's difficult for the team-mates to play together on the pitch in something like that."
Suarez has received support from captain Steven Gerrard during some difficult times on Merseyside and has hailed the midfielder as the best he has played alongside.
"Stevie everybody knows is important in my career and last summer as well," he said.
"He's the best player in the Liverpool history for me and I can say he's the best player I play with as well. He's the captain because he's helped the team, he helps the players, the staff, helps everything."