Psychiko was historically the home of aristocrats, members of the Greek royal family, and generally old money people.

The area remains one of the wealthiest suburbs of Athens, with very high land value, and a number of embassies, particularly of rich Middle Eastern countries, to be found located in Psychiko, and neighbouring Filothei.

In recent decades however, many prominent families choose to build their houses in the southern, seaside suburbs, like Glyfada or Vouliagmeni.

On the plain of Marathon a major battle was once fought; Persians with large fleets came to enslave the land and from there pass to Athens...the blood turned to a river, and reached from the roots of Vranas to Marathon on the other side; it met the sea and painted the waves red.

Finally the Greeks won... and two men ran to bring the news to Athens; one travelled on horseback and the other on foot in full gear.