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 comprises seven boutique blocks, each housing 12 meticulously designed apartments. 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 vibrant local amenities.
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 substantial 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 the final balance payable upon transfer at project completion.
The development is fully registered with the National Home Builders Registration Council (NHBRC), providing a comprehensive 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 full CCTV coverage including vehicular monitoring.
Interiors reflect a modern beachside aesthetic with soft sandy 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 for an additional fee. The estate is pet-friendly subject to Body Corporate approval, with direct access to mountain trails just a two-minute walk away.
Unit 6 Details
Type: 2 Bedroom / 2 Bathroom (Sea View / 2nd Floor / Side Unit)
Size: Internal 87 m² | Total 89 m²
Price: R4,395,000
Unit 6 offers exceptional value as a second-floor ocean-facing residence. This stylish apartment boasts 87 m² of refined interior space with a private balcony framing stunning bay views and refreshing sea breezes. It comes fully equipped with modern kitchen appliances and benefits from the NHBRC’s 5-year structural warranty. Occupation is expected in April 2028.
Buyer & Investor Guide
Purchasing & Financials
- No transfer duties apply when purchasing off-plan directly from the developer, including VAT, saving approximately R150,000 or more compared to existing property transfers.
- A 10% deposit secures your unit, held in an interest-bearing trust account with STBB Attorneys until transfer.
- Bond repayments commence only upon project completion, occupation, and registration of transfer (anticipated April 2028), with no mortgage payments during construction.
- Projected rental yields range from R19,000 to R36,000 monthly depending on unit size and views. Hout Bay continues to show strong capital growth averaging around 8% per annum.
Building Specifications & Upgrades
- Completion and transfer are scheduled for April 2028.
- Units include modern beach-inspired finishes and a full baseline suite of kitchen appliances.
- Optional upgrades available at additional cost: premium kitchen packages, engineered wood flooring, back-up power/inverter solutions, and storage units.
- The development is NHBRC registered, offering a 5-year structural warranty plus developer guarantees on fixtures and appliances.
Parking, Storage & Levies
- Secure parking bays and private storage units can be arranged for an additional fee.
- Monthly levies cover 24-hour manned security, CCTV monitoring, 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 electric fencing, integrated gate intercoms, and comprehensive CCTV coverage monitoring all key access points and vehicular movement.
- La’Mare is a pet-friendly community (subject to Body Corporate approval) with immediate access to Table Mountain National Park trails just 100 meters away.
- Developed by Merelava Property Developments and designed by LYT Architecture, a firm with over 50 years of architectural excellence.
Experience refined coastal living at La’Mare — where nature meets luxury in the heart of Hout Bay.