TL-R600VPN doesn't claim to initiate PPTP connections on the official datasheet. Take photograph of the box and upload it.

Tl-er604w

Change Movistar Observa Telecom RTA01N mode to 1483 Bridged and configure PPPoE on TL-R600VPN. If you want an all in one adsl/IPSec router, you can accomplish the same IPSec connectivity with less...

Provide network diagram of what you are trying to accomplish.

Disable/Enable the IPSec tunnel then capture screenshot. Or reboot router and then capture screenshot.

The profiles look correct. Post screenshot of system tools/ system log. Capture log for connection attempts on both routers. You may send a pm if you do not want to post on forum.