Welcome to La’Mare – Coastal Living Redefined in Hout Bay
Situated 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 comprises seven boutique blocks with 12 apartments each. Located just 100 meters from 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 lifestyle 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. A low initial capital outlay is required, with only a 10% deposit held in trust by STBB Attorneys; bond repayments and the final balance are due 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 features 24-hour manned security, high-voltage perimeter electric fencing, gate intercoms, and comprehensive CCTV coverage, including vehicular monitoring.
Interiors reflect a modern beachside aesthetic with soft sandy coastal tones, high-speed fibre connectivity, and a full 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 71 – 1 Bed / 1 Bath (Mountain View / 3rd Floor / Balcony)
This elevated third-floor apartment offers 51 m² of internal living space (59 m² total) and features a private balcony with tranquil mountain views. Priced at R2,257,000, Unit 71 represents the most accessible entry point within the development. It is ideal as a first home or turnkey rental asset, benefiting from zero transfer duty within a secure coastal estate. Completion and occupation are expected in April 2028.
Buyer & Investor Guide
Purchasing & Financials
- No transfer duties apply as properties are purchased off-plan directly from the developer with VAT included, saving approximately R150,000 or more compared to existing property transfers.
- A 10% deposit secures your unit, held safely in an interest-bearing trust account until transfer.
- Bond repayments commence only after project completion and registration of transfer (projected April 2028), with no mortgage payments during construction.
- Projected rental yields range from R19,000 to R36,000 monthly depending on unit size and view, with Hout Bay experiencing strong capital growth averaging around 8% per annum.
Building Specifications & Upgrades
- Completion and transfer are scheduled for April 2028.
- Standard finishes include beach-inspired modern interiors and a full baseline suite of kitchen appliances.
- Optional upgrades are available at additional cost, including premium kitchen packages, engineered wood flooring, back-up power solutions, and storage units.
- The development includes a 5-year NHBRC structural warranty plus developer guarantees on appliances and fixtures.
Parking, Storage & Levies
- Secure parking bays and private storage units can be purchased separately.
- Monthly levies cover 24-hour manned security, communal utilities (electricity and water), building insurance, professional estate management, and maintenance of common areas.
Estate Lifestyle & Security
- Security features include round-the-clock manned entrance control, high-voltage perimeter fencing, gate intercoms, and comprehensive CCTV monitoring of access points and vehicular movement.
- La’Mare is a pet-friendly community (subject to Body Corporate approval), with immediate access to nearby mountain trails.
- The project is developed by Merelava Property Developments and designed by LYT Architecture, a firm with over 50 years of professional experience.
Experience refined coastal living at La’Mare – where luxury meets nature in the heart of Hout Bay.