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, thoughtfully designed by LYT Architecture and developed by Merelava Property Developments. This exclusive sectional title estate comprises seven boutique blocks, each containing 12 apartments, situated just 100 meters from the Table Mountain National Park hiking trails and minutes from Hout Bay Harbour, Hout Bay Beach, and the scenic Chapman’s Peak Drive.
Key Development & Investment Highlights
The project is slated for completion and occupation in April 2028. Buyers benefit from zero transfer duty when purchasing directly off-plan from the developer (VAT inclusive), offering substantial upfront capital savings compared to traditional property transfers. A low initial capital outlay is required, with only a 10% deposit needed to secure your unit, held in trust by STBB Attorneys; bond repayments and the final balance are payable 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 prioritizes security with 24-hour manned access control, high-voltage perimeter electric fencing, gate intercoms, and comprehensive CCTV coverage including vehicular monitoring.
Interiors feature 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 community is pet-friendly (subject to Body Corporate approval), with direct access to mountain trails just a two-minute walk away.
Unit 79 Details
This one-bedroom, one-bath apartment offers stunning mountain views from the ground floor with an expansive 45 m² private garden. The unit features 51 m² of bright interior living space designed for seamless indoor-outdoor flow, located just 100 meters from hiking trails. It includes a complete kitchen appliance package and benefits from 24-hour manned security. The price is R3,050,900, with completion expected in April 2028.
Buyer & Investor Guide
Purchasing & Financials
- No transfer duties apply due to direct off-plan purchase inclusive of VAT, resulting in savings of 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 transfer registration (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. Hout Bay continues to experience strong capital appreciation averaging around 8% annually.
Building Specifications & Upgrades
- Construction completion and transfer are scheduled for April 2028.
- All units include modern beach-inspired finishes 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/inverter solutions, and storage units.
- The development carries 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 and monitoring equipment, communal electricity and water, building and common property insurance, professional estate management, and routine landscaping and maintenance.
Estate Lifestyle & Security
- Security features include 24-hour manned entrance control, strict access management, high-voltage perimeter electric fencing, integrated gate intercoms, and full CCTV monitoring of key access points and vehicular movement.
- La’Mare is a pet-friendly estate (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 luxury meets nature in the heart of Hout Bay.