Vallanes is a settlement in Múlaþing Municipality, in the region of Eastern, Iceland. Vallanes lies at 35 m above sea level, 2.7 km from the Fljotsdalheidi mountains. The nearest city is Akureyri, 173 km to the west. Among the natural features are Hengifoss (19.7 km) and Fardagafoss (13.5 km).