The 21-year-old is expected to join the Spanish side from Watford.
The right-back is expected to put pen-to-paper on a deal which will see him feature for Recreativo Huelva in the 2020-21 season.
He is expected to join the squad to reinforce the right-hand side of the rojiblanco subsidiary.
The Ghanaian will play at Recreativo after serving last year at Badajoz, also in Segunda, on loan from the English side where he came from.
Fobi joined the Hornets from Granada in January 2017 and has also had a loan spell with Formentera.