Iceland -

Iceland is bigger than Sicily and has a population smaller than Malta's.  It has magnificent trails and is a great place for nature lovers.
Waterfalls, glaciers, geysers, volcanoes and an astounding coast renders Iceland as a great attraction. It is an eco island with all electricity generated from renewables, mainly geothermal.
The downside concerns the high prices pushed up by a regime of high indirect taxes.
There are several day trips from Reykjavik on tourist buses, costing around euro60. The 'Golden Circle' tour is great to capture some great photos in one day.  However for a proper trip around the island, car rental is recommended. Cycling trips are also becoming popular but beware that winter comes early.

Iceland has an astounding pristine coast, with villages far apart