The village gives access to many hiking trails serving natural sights, such as the Pic de Péguère at . Meanwhile, Gaube Lake is approximately 1hr and 30 minutes walk from Cauterets or can be accessed by a chairlift from the Pont d'Espagne, a settlement on a mountainside crossed by a waterfall. Also nearby is Petit Vignemale at , and the small Massif de la Fruitière. The Cirque de Lys is also accessible by cable car from where there are panoramic views over the Pyrenees. Cauterets is also a regular stopover for walkers travelling on the coast to coast Pyrenean GR10 walking route.