The Argentina international is understood to be on the verge of a £22m transfer to north London from Real Madrid after weeks of speculation linking him with the Gunners.
And Monreal, who joined Arsenal back in January, believes that the 25-year-old striker would be a top signing for Arsène Wenger’s side.
“I would love it. Higuain is a part of football, and I always loved how he played for Real Madrid,” Monreal told Spanish newspaper Marca.
“He is a scorer and would be a reinforcement that we could really use.
“Arsenal are one of the biggest teams in England and this summer they are working towards good signings to break that [trophy-less] streak.”
Higuaín scored 16 La Liga goals in 19 starts for Real Madrid last season and made nine appearances from the substitutes’ bench. He also made five assists in the league.
MORE: Latest Man Utd news
MORE: Latest Arsenal news
MORE: The latest football news