Based on what I've learnt: No, it is just a fantasy and it doesn't live long.
We can fall in love with someone at a long distance from us but sooner or later we realize that this makes us feel pathetic.
Also, falling in love with someone apart from us is easier than falling with some close to us because we can see only the good attributes of person living apart or they let's see only the good attributes of them but in real life scenarios, bad attributes are as important as good one to make unbiased view of someone