Welcome to La’Mare – Coastal Living Redefined in Hout Bay
Situated at 43 Bayview Road, Hout Bay, La’Mare presents an exceptional coastal luxury lifestyle crafted by LYT Architecture and developed by Merelava Property Developments. This exclusive sectional title estate features seven boutique blocks, each containing 12 meticulously designed apartments. Just 100 meters from the Table Mountain National Park hiking trails and minutes from Hout Bay Harbour, Hout Bay Beach, and Chapman’s Peak Drive, La’Mare offers unparalleled access to nature and vibrant local amenities.
Key Development & Investment Highlights
The project is scheduled 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 is required, with only a 10% deposit payable to secure your unit, held in trust by STBB Attorneys; bond repayments and the final balance are due only upon transfer at project completion.
La’Mare is fully registered with the National Home Builders Registration Council (NHBRC), providing a 5-year structural warranty on new construction alongside developer guarantees on appliances and finishes. The estate offers comprehensive security, including 24-hour manned access control, high-voltage perimeter electric fencing, gate intercoms, and full CCTV coverage monitoring all vehicular movement.
Interiors reflect a modern beachside aesthetic with soft sandy tones, high-speed fibre connectivity, and a complete baseline suite of contemporary 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 upon Body Corporate approval, with direct access to mountain trails just a two-minute walk away.
Unit 39 – 2 Bed / 2 Bath Garden Apartment with Sea View
This spacious side-wing garden apartment offers 86 m² of refined interior living space complemented by an 89 m² outdoor deck and garden featuring built-in braai facilities. Designed to maximize ocean views while maintaining privacy, Unit 39 combines lock-up-and-go security with tranquil coastal garden living. Priced at R4,376,900, this ground-floor side unit is available for off-plan purchase with zero transfer duty and expected completion in April 2028.
Frequently Asked Questions
Purchasing & Financials
- Are transfer duties applicable? No. Direct off-plan purchases include VAT and incur no transfer duty, saving buyers approximately R150,000 or more.
- What deposit is required? A 10% deposit secures your unit, held in an interest-bearing trust account until transfer.
- When do bond repayments begin? Bond repayments start only after project completion and transfer registration, projected for April 2028.
- What rental yields can investors expect? Monthly rentals range from R19,000 to R36,000 depending on unit size and view. Hout Bay enjoys strong capital growth averaging around 8% annually.
Building Specifications & Upgrades
- When will construction be completed? April 2028 is the anticipated completion and transfer date.
- What finishes and appliances are included? All units feature modern beach-inspired finishes and a full baseline suite of kitchen appliances.
- Are upgrades available? Yes. Optional upgrades include premium kitchen packages, engineered wood flooring, back-up power systems, and storage units.
- What warranties are provided? The development is NHBRC-registered with a 5-year structural warranty plus developer guarantees on appliances and finishes.
Parking, Storage & Levies
- Are parking and storage included? Secure parking bays and private storage units can be purchased separately.
- What do monthly levies cover? Levies include 24-hour manned security, communal utilities, insurance, estate management, and maintenance of common areas.
Estate Lifestyle & Security
- What security features are in place? The estate offers round-the-clock manned security, controlled access, high-voltage electric fencing, intercom systems, and comprehensive CCTV surveillance.
- Is the estate pet-friendly? Yes, subject to Body Corporate approval. Residents enjoy immediate access to nearby mountain trails.
- Who are the developers and architects? La’Mare is developed by Merelava Property Developments and designed by LYT Architecture, a firm with over 50 years of architectural excellence.