Leonardo DiCaprio Vacations with Model Meghan Roche, 22, in Ibiza

Leonardo DiCaprio is soaking up the sun on vacation.

On Sunday afternoon (June 4), the 48-year-old Oscar-winning actor was seen going shirtless while aboard a yacht with model Meghan Roche in Ibiza.

PHOTOS: Check out the latest pics of Leonardo DiCaprio

The yacht then docked so that Leo – wearing a light gray T-shirt and blue bathing suit – and the 22-year-old model – wearing a navy outfit over a bathing suit – could meet up with a few friends for lunch.

The day before, Leo sported a gray outfit while Meghan wore a green top and linen pants as they first boarded the yacht.

Earlier in the week, Leo was spotted on vacation with a famous friend in Italy.

If you missed it, someone paid A LOT of money for a painting of Leo during a live auction at a charity event!

Click through the gallery for 75+ pictures of Leonardo DiCaprio and Meghan Roche in Ibiza…