Welcome to La’Mare

Merelava Property Developments 

Merelava is an empowered property development business. Although headquartered and based in Sandton, Johannesburg; we also have a rest of Africa mandate, having consulted on projects in Ghana and Swaziland respectively. Merelava undertakes all developments as a principal for either its own account or third party investors. We specialise in both green & brownfields developments which include new builds, refurbishments, residential conversions and development consulting where appropriate.

LYT Architecture

While the majority of projects completed to date have been throughout South Africa, we are also active throughout Africa, particularly Western Africa, which is serviced through our branch office in Lagos, Nigeria.

Combining former TPS.P Architects and Facets Interiors into a single entity, LYT Architecture offers over 50 years of combined professional practice and expertise. This allows us to offer the widest range of architectural and interior design services to a broad spectrum of clients.

https://www.lyt.co.za/

Established in 1900, STBB is a firm of approximately 90 business-minded lawyers practicing from 12 branches throughout South Africa. By understanding our clients’ needs and objectives, we strive to deliver cost-effective legal solutions for all business and personal matters. We are committed to developing close working relationships with our clients, enabling us to succeed consistently on their behalf. Big represents our reach and professionalism. Small is our personal approach to our work and our clients.

https://stbb.co.za/

Transfer Duty is a tax levied on the purchase of a property in South Africa over R1 050 000. When purchasing into a new development, the price includes VAT and therefore leading to a substantial saving to the Purchaser as no Transfer Duty is applicable. 

Transfer Costs are the relevant administration and legal costs that a Purchaser would pay to the conveyancer/transfer attorney. In this case this would be STBB.

BetterBond

Since it was founded in 2000, BetterBond has grown to become the largest bond originator in South Africa, with specialist experience in the property industry and more than 20 branches nationwide supporting our real estate partners and customers. We take special pride in assisting first-time buyers to realise their dreams of homeownership, by offering expert assistance and support at every step of the home loan application process More than a million South Africans have become homeowners thanks to our services and our approval rates are industry leading.

https://www.betterbond.co.za/

Bond repayments will commence once the property has been transferred to your name and the bank has settled the payment to the seller. This follows after completion and occupation for the development, projected for Q3 2026.

Bond costs are payable at the time that the bond registers to your independent finance provider, once the development is complete.

43 Bayview Road, Hout Bay Cape Town, 7806

• 100m or 2 minute walk to Table Mountain National Park and surrounding hiking trails
• 2km away or 5 minute drive to the Hout Bay Yacht Club
• 2km or 5 minutes to the Hout Bay Harbour & Market 
• 2.6km or 5 minutes drive to Hout Bay Beach
• 3km or 6 minutes away from your nearest vet & pet store 
• 3km or 5 minutes to the closest Laundromat & Dry Cleaning 
• 3km or 5 minute drive to Hout Bay Family Medical Centre 
• 3.7km or 7 minute drive to Hout Bay Mainstream Shopping Centre 
• 3.7km or 7 minutes to your closest Woolworths
• 3.9km or 7 minute drive to your nearest Clicks Pharmacy 
• 3.9km or 7 minutes to the Hout Bay Museum 
• 4.4km or 8 minutes from your nearest Gym  
• 4.7km or 8 minutes to Chapman’s Peak Drive
• 5km or 9 minutes to SAPS Hout Bay Station 
• 10.8km or 15 minutes to Beau Constantia Wine Estate and Vineyards 
• 15km or 20 minutes from Camps Bay Beach 
• 16km or 23 minutes to Kirstenbosch Botanical Gardens
• 22km or 30 minutes away from The V&A Waterfront 
• 34km or 40 minutes away from Cape Town International Airport

La’Mare is pet friendly upon body corporate approval. You are a 2 minute walk to Table Mountain National Park and surrounding hiking trails.

Completion for La’Mare is projected for Q3 2026.

They cover the costs of security, cleaning & upkeep of the common areas, maintenance of the building, building insurance and all running costs and management costs and insurance of the building. Some items include; 

• Insurances 
• Security personnel and equipment 
• Communal electricity & water 
• Landscaping/gardening to common property 
• Repairs and maintenance

• 24-hour manned security 
• Access control 
• Camera system covering all entrances and strategic points
• Camera coverage on your vehicle and vehicular movement
• Remotes issued to owner for all gates
• Gate Intercom 
• High voltage electric fence protects perimeter

After the completion of the reservation and sale agreement, the transfer process will commence. Occupation will be given as soon as an occupation certificate is granted. You will be able to occupy or rent out your home from the date of occupation.

• Cape Town, and Hout Bay specifically sees an average annual capital growth of 8%, so your property value is growing at roughly 8% p.a. but you are only required to put down 10%-30% of the development value when securing your home. The balance is only due on transfer (on project completion). 
• This means you are getting growth on the full purchase price of the property during the marketing and construction period while  only having to put down a fraction of the purchase price at the start of the project. 
• By purchasing into a development, you also save a substantial amount by not paying Transfer Duty on the purchase. For example if you were to purchase an existing property for R3 000 000, you would pay approximately R150 000 just in Transfer Duty. At La’Mare, you do not pay Transfer Duty and therefore save R150 000.  
• The benefits of purchasing in a new development also come in the form of guarantees and warranties on the building and appliances. For example the development will be registered with the NHBRC which is a form of insurance which protects purchasers on new buildings for a 5 year period.

• Reserve your home online via our website on Launch Day – 26th September 2024  
• Sign your sale agreement
• Pay your deposit to STBB Attorneys 
• Apply for finance which is to be secured within 30 days utilising our in house bond originators BetterBond
• Construction of the estate will commence and you will take transfer upon completion of the development