Carrasco returned to his home nation in 2012, taking over Málaga CF's Cadete A squad and leading the side to two accolades.

[3] On 24 November 2014, Carrasco was named assistant manager of Álex García (whom he worked with at Dinamo Tbilisi) at CE Sabadell FC.

[5] Carrasco re-signed for the Wanderers in January 2016,[6] remaining at the club until February 2017 after accepting an offer from Kardemir Karabükspor.

[10] On 4 August 2023, Dinamo Tbilisi announced the appointment of Carrasco as Head Coach after Giorgi Tchiabrishvili had left the club.

[12] On 11 June 2024[13] Carrasco signed a contract as a manager of the Ukrainian Premier League club LNZ Cherkasy returning to Ukraine.