Welcome to La’Mare – Coastal Living Redefined in Hout Bay
Located at 43 Bayview Road, Hout Bay, La’Mare presents a new standard of coastal luxury. Designed by LYT Architecture and developed by Merelava Property Developments, this exclusive sectional title estate is perfectly positioned just 100 meters from Table Mountain National Park hiking trails and minutes from Hout Bay Harbour, Hout Bay Beach, and Chapman’s Peak Drive. The development comprises seven boutique blocks, each housing 12 meticulously crafted apartments.
Key Development & Investment Highlights
La’Mare is projected for completion and occupation in April 2028. Buyers benefit from zero transfer duty when purchasing directly off-plan from the developer (VAT inclusive), resulting in significant upfront capital savings compared to existing property transfers. A low initial capital outlay requires only a 10% deposit held in trust with STBB Attorneys, with bond repayments and final balances due upon project completion and transfer.
The development is fully registered with the National Home Builders Registration Council (NHBRC), offering a 5-year structural warranty alongside developer guarantees on appliances and finishes. Security is paramount, featuring 24-hour manned access control, high-voltage perimeter electric fencing, gate intercoms, and comprehensive CCTV coverage including vehicular monitoring.
Interiors are styled in soft, sandy coastal tones with high-speed fibre connectivity and a full baseline suite of modern kitchen appliances. Optional upgrades include premium kitchen specifications, engineered timber flooring, and back-up power solutions. Secure parking bays and private storage units are available on request at an additional cost. The estate is pet-friendly subject to Body Corporate approval, with direct access to mountain trails just a two-minute walk away.
Unit 37 – Exceptional Garden Suite
This spacious ground-floor corner unit offers 2 bedrooms and 2 bathrooms with stunning sea views. The internal living area spans 86 m² complemented by an expansive 119 m² private garden, totaling 205 m² of luxurious indoor-outdoor living space. Enjoy a private braai terrace, tranquil corner positioning, sweeping ocean vistas, and round-the-clock manned security. Priced at R4,395,000, Unit 37 is one of the largest garden suites within La’Mare.
Frequently Asked Questions
Purchasing & Financials
- Transfer Duty: None applicable; purchase includes VAT for significant savings.
- Deposit: 10% deposit secures your unit, held in an interest-bearing trust account until transfer.
- Bond Repayments: Commence only after project completion and transfer (April 2028).
- Rental Yields: Projected monthly rentals range from R19,000 to R36,000 depending on unit size and view, with Hout Bay experiencing approximately 8% annual capital appreciation.
Building Specifications & Upgrades
- Completion Date: Scheduled for April 2028.
- Included Finishes: Modern beach-inspired interiors with a full suite of kitchen appliances.
- Upgrades: Optional premium kitchens, engineered wood flooring, back-up power systems, and storage units available at additional cost.
- Guarantees: NHBRC registration provides a 5-year structural warranty plus developer guarantees on appliances and finishes.
Parking, Storage & Levies
- Parking & Storage: Secure bays and private storage units available for an additional fee.
- Levies: Cover 24-hour security, communal utilities, insurance, professional estate management, and maintenance of common areas.
Estate Lifestyle & Security
- Security Features: 24-hour manned entrance control, high-voltage perimeter fencing, gate intercoms, and comprehensive CCTV monitoring.
- Pet Policy: Pet-friendly community with Body Corporate approval; immediate access to nearby mountain trails.
- Developers & Architects: Developed by Merelava Property Developments and designed by LYT Architecture, renowned for over 50 years of professional excellence.
Experience refined coastal living at La’Mare – where luxury meets nature in the heart of Hout Bay.