Apartment for sale
Coastal living steps from Table Mountain trails and Hout Bay harbour, featuring a rare 30 m2 private garden terrace with mountain views — one-bedroom, one-bath with secure parking.
Welcome to La’Mare | Coastal Living Redefined in Hout Bay
Nestled at 43 Bayview Road, Hout Bay, La’Mare offers a fresh paradigm of coastal luxury designed by LYT Architecture and developed by Merelava Property Developments. Positioned just 100 meters from Table Mountain National Park hiking trails and minutes from Hout Bay Harbour, Hout Bay Beach, and Chapman’s Peak Drive, this exclusive sectional title development comprises seven boutique blocks housing 12 apartments each.
Key Development & Investment Highlights
Expected Completion: Projected for completion and occupation in April 2028.
Zero Transfer Duty: Purchase directly off-plan from the developer (VAT inclusive), yielding significant upfront capital savings compared to built property transfers.
Low Initial Capital Outlay: Only a 10% deposit required to secure your unit held in trust with STBB Attorneys; bond repayments and final balance are only due on transfer upon project completion.
NHBRC Protection: Fully registered with the National Home Builders Registration Council, providing a 5-year structural warranty on new construction alongside developer guarantees on appliances and finishes.
High-Security Estate: 24-hour manned access control, high-voltage perimeter electric fencing, gate intercoms, and complete CCTV coverage (including vehicular movement monitoring).
Modern Beachside Aesthetic: Interiors styled in soft, sandy coastal tones, equipped with high-speed fibre connectivity and a full baseline suite of modern kitchen appliances.
Optional Tailored Customisations: Optional upgrades available including premium kitchen specs, engineered timber flooring, and back-up power solutions.
Parking & Storage: Secure parking bays and private storage units are available on request at an additional charge.
Pet-Friendly Living: Pet friendly upon Body Corporate approval, with direct access to surrounding mountain trails located just a 2-minute walk (100m) away.
Unit 44
Type: 1 Bed / 1 Bath (Mountain View / 2nd Floor Garden Terrace)
Size: Internal: 51 m2 | Total: 81 m2
Price: R3,005,000
Unit 44 pairs second-floor elevation with a rare 30 m2 private outdoor garden terrace looking directly toward Table Mountain National Park. Framing dramatic mountain views, this 51 m2 1-bedroom suite offers a compelling opportunity for investors targeting strong rental yields or professionals seeking a peaceful mountain sanctuary.
Completion set for April 2028.
Frequently Asked Questions (Buyer & Investor Guide)
Purchasing & Financials
Q: Are there transfer duties applicable?
A: No. Properties are purchased directly off-plan from the developer and include VAT, resulting in significant savings (up to ~R150,000+ compared to existing property transfers).
Q: What deposit is required to secure a unit?
A: A 10% deposit secures your unit, held safely in an interest-bearing trust account with STBB Attorneys until transfer.
Q: When do bond repayments start?
A: Bond repayments only commence upon final project completion, occupation, and registration of transfer (projected for April 2028). You pay nothing toward the mortgage during the construction phase.
Q: What are the projected rental yields for investors?
A: Projected monthly rentals range between R19,000 and R36,000 depending on unit size and view layout. Hout Bay continues to experience strong capital appreciation, averaging ~8% per annum.
Building Specifications & Upgrades
Q: When is the estimated completion date?
A: Construction completion and transfer are scheduled for April 2028.
Q: What finishes and appliances are included in the purchase price?
A: All units come standard with beach-inspired modern finishes and a complete baseline suite of kitchen appliances.
Q: Are customisation options or upgrades available?
A: Yes.
Purchasers can select optional upgrades at an additional cost, including:
Premium kitchen specification packages
Engineered wood flooring
Back-up power / inverter solutions
Storage units
Q: What guarantees are included with the property?
A: The development is fully registered with the NHBRC (National Home Builders Registration Council), providing a 5-year structural warranty, alongside standard developer guarantees on appliances and fixtures.
Parking, Storage & Levies
Q: Are parking bays and storage units included?
A: Secure parking bays and private storage units are available on request at an additional charge.
Q: What do monthly levies cover?
A: Levies cover 24-hour manned security and monitoring equipment, communal electricity and water, building and common property insurance, professional estate management, and routine landscaping/repairs to common grounds.
Estate Lifestyle & Security
Q: What security features are in place at La’Mare?
A: The estate features a comprehensive security setup, including:
24-hour manned entrance security
Strictly controlled access control
High-voltage perimeter electric fencing
Integrated gate intercoms
Complete CCTV coverage monitoring strategic access points and vehicular movement
Q: Is La’Mare pet-friendly?
A: Yes! La’Mare is a pet-friendly community (subject to Body Corporate approval). Residents are located just 100 meters (a 2-minute walk) from Table Mountain National Park trails.
Q: Who are the developers and architects behind the project?
A: Developed by Merelava Property Developments and designed by LYT Architecture, a premier firm with over 50 years of professional architectural practice.
Listed for sale at R3,005,000
Too few homes for a price verdict
Only 5 similar homes are listed across Hout Bay right now — too small a sample to fairly benchmark this asking price against.
Around R3.2M typical in Hout Bay Harbour (small sample of 4).
How does this home’s price compare with similar properties?
Price comparison based on 5 similar-sized 1-bed homes.
Market depth
5 similar homes
6 listings across Hout Bay
Low inventory
Active across Hout Bay
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Hout Bay Harbour offers a vibrant coastal lifestyle characterized by its working fishing port, scenic mountain backdrops, and a close-knit community atmosphere perfect for those seeking a relaxed seaside home.
