南米年間最優秀選手賞
Emerging as a top talent at Cobreloa, Vargas moved to Universidad de Chile where he won three titles, including the 2011 Copa Sudamericana, where he was named player of the tournament. In 2011, he was co-awarded the Chilean Footballer of the Year and also finished as runner-up for the South American Footballer of the Year. Following an £11.5 million move to Napoli, Vargas had subsequent loan spells at Grêmio, Valencia and Queens Park Rangers before moving to 1899 Hoffenheim in 2015.