The media mogul, who recently decided to close down The News of the World, because of the phone hacking scandal, was photographed on Saturday at the home of one of Spain's most influential newspaper editors at his home in the Costa de los Pinos.
Murdoch's yacht, the 56 metre Rosehearty which was built in 2006 and can be chartered for 200'000 euros per week when he is not using it, was moored off in the bay.
Murdoch, his wife Wendi and close confidant, Robert Thomson came ashore in a rib and Murdoch returned to his yacht alone in the boat after lunch.
Luxury sailing yacht Rosehearty is able to accommodate up to 10 guests in the following layout. She offers a spectacular interior design by Christian Liagre with Full beam owner's suite with King Bed and sitting area.
Spanish market move
There are two identical VIP suites with Queen berths, two identical queen berth cabins each with single berths and additional pullmans.
The Perini Navi also comes with all the standard luxury toys.
But, is Murdoch simply enjoying a Mediterranean cruise or, as speculation is suggesting, is he thinking about moving into the Spanish media market by purchasing the Unedisa Group which owns El Mundo and also has media interests in South America and Portugal?