38,000 site visitors were polled and asked to vote for their team of 2011, with the Welsh man in high-quality company.
Bale is pleased to given the accolade, but has accredited the success of the Spurs team to his individual recognition.
“It’s great to be recognised in such illustrious company, and the fact that it’s voted for by fans across Europe makes it a special honour,” he told the club’s official site.
“But as I’ve said all along, I’m part of a team here at Spurs and any recognition I receive is down to my team-mates as much as anything that I do individually.
“The team has been playing really well and we’ve all played a part in that,” he concluded.
Meanwhile, Barcelona and Real Madrid dominated the rest of the votes, claiming eight of the 11 places.
The Catalan giants had Dani Alves, Gerard Pique, Xavi, Andres Iniesta and Lionel Messi included after Champions League and La Liga glory.
Jose Mourinho’s men had Cristinao Ronaldo, Iker Casillas and Marcelo selected in the dream team.
The rest of the contingent was made up by Bayern Munich winger Arjen Robben and AC Milan defender Thiago Silva; Pep Guardiola was selected at coach of the year also.
By Gareth McKnight