The Spaniard turns 30 before the end of the year, and has yet to win a trophy during his time in England. The midfielders' only trophy at club level was the 2004 Intertoto Cup with Villarreal, but he has enjoyed two European Championship wins with Spain.
And now Cazorla has revealed his disappointment at Arsenal's inability to land any silverware since his arrival in 2012.
Furthermore, Cazorla claims that he "wants titles", claiming that he would look to do so at his next club if Arsenal cannot do so.
"I want titles and that is why I came to Arsenal," Cazorla, 29, told Sport 360.
"Every football player wants to win titles. We've gone many years without winning one. And if not, what I'll look for in my next destination is to have the chance to win.
"I don't want to close doors. When I'm turning 31 I'll evaluate myself and I'll choose the best option. In which case, I would be delighted to come back [to Spain]."
Cazorla has made 65 Premier League appearances since arriving at the Emirates, and was the club's second top league goalscorer last season with 12 goals.