Dean Smith’s side fended off competition from Arsenal to land the Championship player of the season
Buendia, who was named Championship player of the season after inspiring the Canaries to promotion back to the Premier League, had also attracted serious interest from Arsenal but his preference remained a move to Villa, whose interest had been longstanding.
Buendia, who is currently on international duty with Argentina, joined Norwich for just £1.5m from Getafe in 2018, representing a huge profit for the Canaries.
He scored 15 goals and added 15 assists in the Championship last season and had also attracted interest from clubs in Europe, but the 24-year-old is happily settled in England.
His decision comes as a major blow to Arsenal who had made Buendia their first-choice target after it became clear a permanent move for Martin Odeegard remained complicated.