Slættanes lies on the northern coast of the island, it belonged to the municipality of Sandavágur in the south. Its location is considered to be remarkably beautiful.
During its best years around 130 people lived in the village, but the average population was around 70. There were 12 houses in Slættanes. However, in 1965 the last inhabitants left the community because of its relatively isolated location.
In the village itself there are no streets or discernable paths. The houses stand dispersed across the meadow and now serve as summer houses for the former residents and their relatives.
A road was never built to Slættanes, but there are many trails there. One goes to Sandavágur in the southeast, another to Sørvágur to the south, and yet another goes west to Gásadalur. Also boat trip to Slættanes is an opportunity.