The first payment will apparently come later this summer, and will be no more than €25m, with the rest coming in €15-20m chunks, with add-ons related to his success at the club.
According to La Gazzetta dello Sport, the Bianconeri are eager to reunite Kondogbia with his Under-20 World Cup winning teammate Paul Pogba.
However, they are only prepared to take him on loan for €1.5m with a forced buy-out clause at the end of the season if Juve qualify for the Champions League.
It is a tough sell, as Sevilla have already turned down a €12m offer from Real Madrid.
Levante have reportedly set their sights on both Inter winger Ezequiel Schelotto and Sassuolo’s Richmond Boakye.
The Granotes’ biggest target is Inter wide man Schelotto, who has been told he is no longer required under Walter Mazzarri.
Having only arrived from Atalanta in January, 24-year-old Schelotto has also been heavily linked with Chievo.
Another option for them is Boakye, who is co-owned by Juventus and Genoa, but spent last season on loan at Sassuolo.
His future is still to be decided and, according to La Gazzetta dello Sport, he could be loaned out to Levante in exchange for €1m.
Still only 20 years old, the Ghana Under-20 forward scored 11 goals in 32 Serie B games last season.
Malaga are set to sign 19-year-old defender Roberto Chen from San Francisco in a deal worth €500,000.
The Boquerones have lost influential centre-back Martin Demichelis this season, following his move to Atletico Madrid.
And Bernd Schuster’s men are hoping that the Panama international can be a long-term solution to their defensive worries.
The deal is likely to be confirmed some time over the next week.