Valagil is a spectacular ravine, complete with mighty waterfall and made from layers upon layers of ancient lava. You will find Valagil at the landward end of Álftafjörður, not too far from Súðavík. There is a marked footpath to the ravine from the road. Some say the ravine is named after the falcons (valur is Icelandic for falcon) which reported used to nest there. Other people say it is named after a woman called Vala who is said to have fallen to her death in the gully centuries ago.