VALUN is a village on the western coast of the central part of the island of Cres, 15 km southwest of the town of Cres.

Valun is surrounded by luxuriant vegetation and terrace fields and olive-groves. Car traffic is not permitted and cars may be parked above the village. A small campsite is situated along the shore. In the centre of Valun is a nice tavern which offers authentic local specialities (crustaceans, fish).

On the cemetery (in the cloister of the St. Mark's church) the Valun Tablet has been found, probably the oldest Glagolitic epigraphic monument in Croatia (11th c.). Originally, it was a tombstone, with well-preserved bilingual inscriptions, the first in Croatian, written in rounded Glagolitic script and the second and third in Latin, written in Caroline script; since 1912 the Tablet has been built into a wall of the sacristy of the Valun parish church of St. Mary. Replicas of other similar monuments found on Cres are kept at the so-called Glagolitic Lapidarium, a collection of stone monuments and fragments in an old oil works near the tavern Jun.