Brazilian real-estate firms "inexpensive"

Brazilian property stocks have been recommended by a leading global financial institution, taking into account the purchase of real estate in Brazil may be pleased to hear that.

UBS AG dismissed recent concerns - that a possible rise in interest rates could slow demand for housing, saying they were "exaggerated" reports Bloomberg.

The investment company went on to say that Brazilian real estate companies are "cheap" after a sell-off in shares.

Analysts said that investors revenues, as excessive mortgage financing is not directly with Brazil 'selic "interest, and" dramatic improvements "to mortgage terms - such as the extension of its duration - offset higher rates.

Investors buying property in Brazil were advised to focus on the low-income housing market by analysts.

Brazil recently ranked one of the Morgan Stanley Capital International Global Emerging Markets Index, beat China to the world's largest growth market.

Property in Brazil is always in demand by international investors, with high yields when buying attracting a growing number of buyers.