James Packer has ‘purchased land in Cabo San Lucas’ on which to build a villa, according to reports.
The 50-year-old is said to be making the Mexican resort town his permanent base, according to The Daily Telegraph.
‘The casino owner plans to build himself a luxury new villa overlooking the Sea of Cortez,’ the newspaper reports.
On his way to Mexico? James Packer has ‘purchased land in Cabo San Lucas’ on which to build a villa, according to reports

Permanent move? ‘The casino owner plans to build himself a luxury new villa overlooking the Sea of Cortez’ where he plans to base himself
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.
He arrived in the resort town in early May, with his reported girlfriend Kylie Lim and a group of friends, after recently checking himself out of the private clinic.
James spent about five weeks at the McLean Hospital in Belmont, Boston, after checking himself in with unspecified mental health issues in March.

Getting better: It was Cabo where James headed shortly after leaving treatment at a private psychiatric clinic in Boston (pictured)

Lots of houses: The casino magnate has an extensive property portfolio, including his Ellerstina polo ranch in Argentina (pictured)

Sprawling: His mammoth ranch, an hour outside Buenos Aires, consists of eight polo fields, a tennis court and an 18-hole golf course
At a cool $35,000-a-week, the exclusive 11-bedroom facility is regarded as one of America’s top psychiatric hospitals, the Sydney Morning Herald reports.
The casino magnate has an extensive property portfolio, including an apartment in Sydney’s Bondi, his Ellerstina polo ranch in Argentina and a scenic Aspen home.
His mammoth ranch, an hour outside Buenos Aires, consists of eight polo fields, a tennis court and an 18-hole golf course.

Scenic: The billionaire’s Colorado property, which he purchased with ex-wife Erica Packer, is valued at an eye-watering $57 million

Local: James also owns an apartment on Sydney’s Bondi beach, which, with it’s sweeping water views and four bedrooms is valued at a cool $20 million
The billionaire’s sprawling Colorado property, which he purchased with ex-wife Erica Packer, is valued at an eye-watering $57 million.
James also owns an apartment on Sydney’s Bondi beach, which, with it’s sweeping water views and four bedrooms, is valued at a cool $20 million.
It is reportedly being rented out to tenants at a cost of $7000 a week.

Cabo bound: The area has become one of the businessman’s favourite holiday spots, after he was reportedly introduced to the beach town by former fiancee Mariah Carey