Viral Brasil
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One of the best hostels in Belo Horizonte. Beautiful artwork and furniture within. Even if you don't stay here, you are free to visit and check out the place yourself.
Some nights they have BBQ for the guests and friends, so it's really fun and you get to know the other guests.
Safe and comfortable, it's definitely the place to stay when in BH.
It's also nearby to all the cool locations and landmarks in Belo Horizonte, like Praca da Liberdade, downtown (Centro), shopping malls, bars and supermarkets. Everything is easily accessible by foot. :)