Brazilian real-estate firms “inexpensive”
Brazilian property stocks have been recommended by a leading global financial institution, those considering buying property in Brazil may be pleased to hear.
UBS AG dismissed recent concerns – that a possible rise in interest rates could slow demand for housing, saying they were "overdone", reports Bloomberg.
The investment company went on to claim that Brazilian real-estate companies are "inexpensive" after a sell-off in shares.
Analysts told investors that the sales were excessive because mortgage financing is not directly linked to Brazil’s ’selic’ interest rate, and "dramatic improvements" to mortgage terms – such as extending their duration – will offset higher rates.
Investors buying property in Brazil were advised to focus on the low-income housing market by the analysts.
Brazil recently topped the Morgan Stanley Capital International Global Emerging Markets Index, beating China to the title of the world’s biggest emerging market.
Property in Brazil is increasingly sought-after by international investors, with high yields on purchases attracting a growing number of buyers.
For more information on Brazil property investment and to find out about uv10’s latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com
