Welcome to La’Mare – Coastal Living Redefined in Hout Bay
Located at 43 Bayview Road, Hout Bay, La’Mare presents an exceptional coastal lifestyle crafted by LYT Architecture and developed by Merelava Property Developments. This exclusive sectional title estate consists of seven boutique blocks, each housing 12 apartments. Situated 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 natural beauty and vibrant local amenities.
Key Development & Investment Highlights
Scheduled for completion in April 2028, La’Mare offers buyers the advantage of purchasing directly off-plan from the developer with VAT included, eliminating transfer duty and providing significant upfront savings. A low initial capital outlay requires only a 10% deposit held securely in trust with STBB Attorneys, with bond repayments and final balances payable upon transfer at project completion.
The development is fully registered with the National Home Builders Registration Council (NHBRC), ensuring a 5-year structural warranty alongside developer guarantees on appliances and finishes. Residents benefit from a high-security environment featuring 24-hour manned access control, high-voltage perimeter electric fencing, gate intercoms, and comprehensive 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 are available, including premium kitchen packages, engineered timber flooring, and back-up power solutions. Secure parking bays and private storage units can be arranged at an additional cost. The estate is pet-friendly (subject to Body Corporate approval) and offers direct access to mountain trails just a two-minute walk away.
Unit 52 Details
This 2-bedroom, 2-bathroom side unit on the second floor boasts 87 m2 of internal living space (89 m2 total) and captures stunning unobstructed sea views overlooking the communal gardens. Featuring integrated kitchen appliances and a private sea-facing balcony, Unit 52 exemplifies modern coastal design by LYT Architecture. Priced at R4,985,000, this apartment is an ideal blend of luxury and location.
Frequently Asked Questions
Purchasing & Financials
- Transfer Duty: No transfer duty applies as properties are purchased off-plan from the developer inclusive of VAT, saving buyers approximately R150,000 or more compared to existing property purchases.
- Deposit: A 10% deposit secures your unit and is held in an interest-bearing trust account with STBB Attorneys until transfer.
- Bond Repayments: Commence only upon project completion, occupation, and transfer registration (anticipated April 2028). No mortgage payments are required during construction.
- Rental Yields: Projected monthly rentals range from R19,000 to R36,000 depending on unit size and view. Hout Bay continues to experience strong capital growth averaging around 8% annually.
Building Specifications & Upgrades
- Completion Date: Construction and transfer are scheduled for April 2028.
- Included Finishes: All units feature beach-inspired modern finishes and a comprehensive baseline suite of kitchen appliances.
- Customisation Options: Available upgrades include premium kitchen packages, engineered wood flooring, back-up power/inverter solutions, and additional storage units.
- Guarantees: NHBRC registration provides a 5-year structural warranty alongside developer guarantees on appliances and fixtures.
Parking, Storage & Levies
- Parking & Storage: Secure parking bays and private storage units are available on request for an additional fee.
- Levies: Monthly levies cover 24-hour manned security, communal utilities (electricity and water), building and common property insurance, professional estate management, as well as landscaping and maintenance of common areas.
Estate Lifestyle & Security
- Security Features: The estate offers comprehensive security including 24-hour manned entrance control, strict access management, high-voltage perimeter electric fencing, integrated gate intercoms, and full CCTV coverage monitoring key access points and vehicle movement.
- Pet Policy: La’Mare is pet-friendly with Body Corporate approval. Residents enjoy immediate access to nearby mountain trails just 100 meters away.
- Development Team: 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.
