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Touch My Body! Mariah Carey flaunts her cleavage in a plunging dress while billionaire beau James Packer struggles to keep his hands off her curves as they stroll through Portofino

Published: 13:13 EST, 26 June 2015 | Updated: 19:02 EST, 26 June 2015

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They made their relationship public only days ago when they were spotted holding hands on the island of Capri.

But things are hotting up quickly between Mariah Carey and her billionaire beau James Packer who can't keep his eyes - and hands - off his new squeeze.

The 47-year-old casino mogul clutched his 45-year-old Dreamlover close, wrapping his arm tightly around her waist, as they strolled through the streets of Portofino on Friday.

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Hold on tight! Billionaire James Packer clinches his new girlfriend Mariah Carey close as the pair stroll through Italy's Portofino on Friday

Stay close! The couple was seen chatting and giggling as they ambled around the Italian fishing village

Wearing a plunging blue and black printed floor-length dress, the 45-year-old singer looked every inch the diva as she flaunted her famous curves.

Mariah paired the stunning dress with platform shoes and capped off her look with oversized designer sunglasses.

With her blonde locks curled into her trademark waves, she looked happy and relaxed as she did some sightseeing.

Don't let go! The singer and the Australian were spotted walking hand-in-hand as passersby did a double take

Plunging: The 45-year-old singer flaunted her famous curves in a printed floor-length dress

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Romantic getaway: The pair sailed into the Italian fishing village from Antibes in France

Bling: The singer accessorised her look with a silver butterfly ring and sunglasses

Super yacht: The couple have already visited Cannes and Antibes on the billionaire's yacht

Attractive couple: Mariah paired the stunning dress with platform shoes and capped off her look with oversized designer sunglasses

She was joined by her new squeeze who is Australia's fourth richest man, boasting an estimated fortune of £29billion.

Packer donned a crisp white polo shirt, loose fitting white trousers and aviator-style sunglasses as she walked hand-in-hand with the Endless Love singer.

Their pair were seen strolling through markets and visiting a church before boarding a boat in the port.

Friendly star: The pop sensation waved to her fans as she walked through the Italian fishing town

Don't slip: Mariah and her new boyfriend were seen boarding a yacht in the port

Mariah Carey loved up with new boyfriend James Packer in Italy

Natural beauty: The singer showed off her assets and wore minimal make-up

Holiday gifts: Mariah was seen chatting while she walked through a market in Portofino

Moment of peace: The singer visited a church during her tour of Portofino on Friday

They also indulged in a little retail therapy and were seen shopping in a number of boutiques.

The pair sailed into the Italian fishing village from Antibes in France on Packer's £31million super yacht, Arctic P.

They have also visited Cannes and the island of Capri on the billionaire's 88 metre-long boat.

Close friends: The singer was accompanied by a male friend during her church visit

Reflection: Mariah also brought along her four-year-old twins Monroe and Moroccan for the trip

Hotting up: They only made their relationship public days ago when they were spotted holding hands on the island of Capri

Getting serious: The pop queen is reportedly open to the suggestion of marriage

Hand-in-hand: The pair looked happy and relaxed as they walked through the town on Friday

Romantic holiday: The minted businessman has allegedly been pursuing the pop diva for weeks

Mariah also brought along her four-year-old twins Monroe and Moroccan for the trip.

The pop queen is reportedly open to the suggestion of marriage, once she officially divorces rapper husband, Nick Cannon - the father of her two children.

A source told TMZ: 'He's [Packer] already told her he wants to marry her, sooner rather than later.

Though to E! News, another source shot down the claims, saying she's enjoying being dated.

Famous curves: The singer even managed to squeeze in a spot of retail therapy

Keeping her curves in check: It looked like Mariah was being fitted with a new dress

Retail therapy: She was spotted shopping in a number of boutiques in the Italian town

I like this one: The star eyed a slinky black dress in one of the stores

Let's go: Mariah purchased the dress, and her pal carried it as they left the store

'They are not talking marriage,' the source claims. 'That's ridiculous. She's enjoying his company, but she's also trying to remain cautious. This trip is a chance for her to really get to know him.

'She hasn't 100 percent let him in yet.' That said, 'She's having a lot of fun being courted. It's very different than when Nick was wooing her. To her, Nick was a boy. James is a man.'

The minted businessman has allegedly been pursuing the pop diva for weeks after being blown away by her performance during her world tour.