I agree with most of what you posted Aunty Val..except the point about looking inland. Almost every small pueblo has either started developments or has projects in the pipeline. I think a lot of buy-to-let investors have returned to the stock market as its been a healthy year and confidence is returning.
In theory there should be lots of bargains around, many properties have been on sale for a year or two, subtracting the increases that are supposed to have happened, these should be a snip. What will happen is the ones who really must sell will reduce and the rest will not bother selling until the market is busier.