James Packer, 50, has been relaxing in Cabo San Lucas after checking himself out of a private psychiatric clinic in Boston last month,
And the casino mogul appeared to be in high spirits as he continued his fun-filled vacation on Friday when he was spotted boarding a luxury superyacht with a group of friends.
The yacht is reportedly owned by Mexican billionaire Ricardo Salinas Pliego, the fourth richest person in Mexico.
All smiles: James Packer was spotted boarding a superyachtyacht in Cabo San Lucas on Friday
James looked relaxed in a dark grey polo shirt and black trousers.
He hid famous visage behind a pair of sunglasses and sported a slight smile on his face.
The 50-year-old has ‘purchased land in Cabo San Lucas’ on which to build a villa, according to new reports in the Daily Telegraph.
James is said to be making the Mexican resort town his permanent base.
![What's in the bag? The 50-year-old was joined by a group of friends, one of which handed him a brown paper bag](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F0E0500000578-0-image-m-75_1528600348359.jpg)
![What's in the bag? The 50-year-old was joined by a group of friends, one of which handed him a brown paper bag](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F0DC100000578-0-image-a-73_1528600311991.jpg)
What’s in the bag? The 50-year-old was joined by a group of friends, one of which handed him a brown paper bag
![It's mine now! The casino mogul marched towards the yacht with the bag in hand](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F119200000578-0-image-a-76_1528600439043.jpg)
It’s mine now! The casino mogul marched towards the yacht with the bag in hand
‘The casino owner plans to build himself a luxury new villa overlooking the Sea of Cortez,’ the newspaper reported.
The area has become one of the businessman’s favourite holiday spots, after he was reportedly introduced to the beach town by former fiancée Mariah Carey.
It was Cabo where James headed shortly after leaving treatment at a psychiatric clinic in Boston.
![Hold on tight! Packer clutched the hand rail to hold himself steady](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F104E00000578-5825979-Hold_on_tight_Packer_clutched_the_hand_rail_to_hold_himself_stea-a-1_1528602163250.jpg)
Hold on tight! Packer clutched the hand rail to hold himself steady
![Shady! The billionaire businessman hid his famous visage behind a pair of sunglasses](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F112A00000578-5825979-Shady_The_billionaire_businessman_hid_his_famous_visage_behind_a-a-2_1528602163312.jpg)
Shady! The billionaire businessman hid his famous visage behind a pair of sunglasses
![Comfortable? James looked relaxed in a dark grey polo shirt and black trousers](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F10F100000578-0-image-m-84_1528600826659.jpg)
![Comfortable? James looked relaxed in a dark grey polo shirt and black trousers](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F12BC00000578-0-image-m-85_1528600842983.jpg)
Comfortable? James looked relaxed in a dark grey polo shirt and black trousers
![Shaking hands: James shook one of his friend's hands as he chatted away to the group](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F15DD00000578-5825979-Shaking_hands_James_shook_one_of_his_friend_s_hands_as_he_chatte-a-3_1528602163483.jpg)
Shaking hands: James shook one of his friend’s hands as he chatted away to the group
He arrived in the resort town in early May, with his rumoured girlfriend Kylie Lim and a group of friends, after recently checking himself out of the private clinic.
James reportedly spent about five weeks at the McLean Hospital in Belmont, Boston, after checking himself in with unspecified mental health issues in March.
He was first linked to New York socialite Kylie in December last year, soon after which the pair were spotted on holiday in Aspen.
![Friends with benefits! The yacht is reportedly owned by Mexican billionaire Ricardo Salinas Pliego, the fourth richest person in Mexico](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F0E2500000578-5825979-Friends_with_benefits_The_yacht_is_reportedly_owned_by_Mexican_b-a-6_1528602164444.jpg)
Friends with benefits! The yacht is reportedly owned by Mexican billionaire Ricardo Salinas Pliego, the fourth richest person in Mexico
![Have you got everything? A couple of people were pictured carrying items as they boarded the yacht](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F0E7D00000578-5825979-Have_you_got_everything_A_couple_of_people_were_pictured_carryin-a-4_1528602163618.jpg)
Have you got everything? A couple of people were pictured carrying items as they boarded the yacht
![From a distance: James looked relaxed as he enjoyed the Mexican resort town](https://i.dailymail.co.uk/i/newpix/2018/06/10/04/4D0F0EB500000578-5825979-From_a_distance_James_looked_relaxed_as_he_enjoyed_the_Mexican_r-a-5_1528602163629.jpg)
From a distance: James looked relaxed as he enjoyed the Mexican resort town