The Kipseli district developed in the 1930’s with the building of a family houses and the first Bauhaus, Art Deco and modernism architecture in Athens.
It was one of the most upmarket areas to live in, competing only with Kolonaki and Plaka.
Around 2009, Kipseli was rediscovered. An international and cosmopolitan community brought in by Airbnb activity, started buying property and becoming permanent residents. Athenians also rekindled their interest in Kipseli. Property prices began to raise and the forthcoming Metro-line will further increase property
values. Kipseli has become an up-and-coming area of Athens, as a vibrant residential neighborhood with cafes, restaurants, theaters and vivid nightlife.
Kipseli offers a good, safe, human-scale neighborhood, cultural diversity and progressive social activity in its central market. Fokionos Negri, today a pedestrian walk, is one of the most popular and expensive streets of Kypseli.