Apartment for sale
Embrace relaxed coastal living in Hout Bay, steps from mountain trails, harbour and Chapman’s Peak, with front-row sea views and a 64 m² private garden with built-in braai.
Welcome to La’Mare – Coastal Living Redefined in Hout Bay
Situated 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 features seven boutique blocks, each comprising 12 thoughtfully designed apartments.
Ideally located just 100 meters from the 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 coastal amenities.
Key Development & Investment Highlights
The project is slated for completion and occupation in April 2028. Buyers benefit from zero transfer duty by purchasing directly off-plan from the developer (VAT inclusive), resulting in significant upfront capital savings compared to existing property transfers. A low initial capital outlay requires only a 10% deposit held securely in trust with STBB Attorneys, with bond repayments and the final balance 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 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 showcase a modern beachside aesthetic with soft sandy tones, high-speed fibre connectivity, and a full baseline suite of 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) and offers direct access to mountain trails just a 2-minute walk away.
Unit 2 – 2 Bed / 2 Bath (Sea View / Ground Floor Garden / Centre Unit)
This spacious unit features 70 m2 of open-plan living space flowing seamlessly onto a generous 64 m2 private garden with built-in braai facilities. Priced at R4,050,000, Unit 2 delivers front-row ocean views and an ideal blend of modern luxury, low maintenance, and serene seaside living. The residence includes full kitchen appliances with optional back-up power upgrades. Completion is expected in April 2028.
Buyer & Investor Guide – Frequently Asked Questions
Purchasing & Financials
- Transfer duty: None; properties are sold off-plan inclusive of VAT, saving approximately R150,000+ compared to existing transfers.
- Deposit: 10% held in an interest-bearing trust account until transfer.
- Bond repayments: Commence only upon project completion and transfer (April 2028).
- Rental yields: Projected monthly rentals range from R19,000 to R36,000 depending on unit size and view, with Hout Bay enjoying an average annual capital appreciation of ~8%.
Building Specifications & Upgrades
- Completion: Scheduled for April 2028.
- Inclusions: Modern coastal finishes and a full baseline kitchen appliance package.
- Upgrades: Optional premium kitchen packages, engineered wood flooring, and back-up power/inverter solutions available.
Guarantees
- NHBRC registered with a 5-year structural warranty plus developer guarantees on appliances and fixtures.
Parking, Storage & Levies
- Secure parking bays and private storage units available at additional cost.
- Levies cover 24-hour security, communal utilities, insurance, professional estate management, and maintenance of common areas.
Estate Lifestyle & Security
- Security features include manned entrance control, high-voltage electric fencing, gate intercoms, and comprehensive CCTV monitoring.
- Pet-friendly community with immediate access to mountain trails.
- Developed by Merelava Property Developments and designed by LYT Architecture, boasting over 50 years of professional experience.
Experience coastal living at its finest with La’Mare – where luxury meets nature in the heart of Hout Bay.
Listed for sale at R4,050,000
Near-identical listings
Priced in line with 7 near-identical homes in Hout Bay Harbour — likely units in the same development.
Market depth
7 similar homes
10 listings in Hout Bay Harbour
Low inventory
Active in Hout Bay Harbour
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.
