Fantasía o realidad is the second studio album from Álex Ubago.

It was released on February 24, 2004; the album was commercially successful, being certified 3× Platinum in Spain, Platinum+Gold in Mexico, Platinum (Latin) in the United States and Gold in Argentina.

The original released in Spain contained two different songs than the version released in the rest of the world.

The two songs are “Lo más grande” and “No soy yo”.

^ Shipments figures based on certification alone.