The main motivation for this study was the impending occurrence of a catastrophic earthquake along the Prince Island Fault (PIF) in the Marmara Sea and the disaster risk around the Marmara region, especially in Istanbul. This study provides the results of a physically based probabilistic seismic hazard analysis (PSHA) methodology, using broadband strong ground motion simulations, for sites within the Marmara region, Turkey, that may be vulnerable to possible large earthquakes throughout the PIF segments in the Marmara Sea. The methodology is called physically based because it depends on the physical processes of earthquake rupture and wave propagation to simulate earthquake ground motion time histories. We included the effects of all considerable-magnitude earthquakes. To generate the high-frequency (0.5-20 Hz) part of the broadband earthquake simulation, real, small-magnitude earthquakes recorded by a local seismic array were used as empirical Green's functions. For the frequencies below 0.5 Hz, the simulations were obtained by using synthetic Green's functions, which are synthetic seismograms calculated by an explicit 2D/3D elastic finite difference wave propagation routine. By using a range of rupture scenarios for all considerable-magnitude earthquakes throughout the PIF segments, we produced a hazard calculation for frequencies of 0.1-20 Hz. The physically based PSHA used here followed the same procedure as conventional PSHA, except that conventional PSHA utilizes point sources or a series of point sources to represent earthquakes, and this approach utilizes the full rupture of earthquakes along faults. Furthermore, conventional PSHA predicts ground motion parameters by using empirical attenuation relationships, whereas this approach calculates synthetic seismograms for all magnitudes of earthquakes to obtain ground motion parameters. PSHA results were produced for 2, 10, and 50 % hazards for all sites studied in the Marmara region.