diff --git a/src/griffe/agents/visitor.py b/src/griffe/agents/visitor.py
index 52f00655..0edbff81 100644
--- a/src/griffe/agents/visitor.py
+++ b/src/griffe/agents/visitor.py
@@ -335,6 +335,21 @@ def handle_function(self, node: ast.AsyncFunctionDef | ast.FunctionDef, labels:
             lineno = node.lineno
 
         labels |= self.decorators_to_labels(decorators)
+
+        if "property" in labels:
+            attribute = Attribute(
+                name=node.name,
+                value=None,
+                annotation=safe_get_annotation(node.returns, parent=self.current),
+                lineno=node.lineno,
+                endlineno=node.end_lineno,  # type: ignore[union-attr]
+                docstring=self._get_docstring(node),
+                runtime=not self.type_guarded,
+            )
+            attribute.labels |= labels
+            self.current[node.name] = attribute
+            return
+
         base_property, property_function = self.get_base_property(decorators)
 
         # handle parameters
diff --git a/src/griffe/docstrings/google.py b/src/griffe/docstrings/google.py
index c43f2bb2..474c4d3d 100644
--- a/src/griffe/docstrings/google.py
+++ b/src/griffe/docstrings/google.py
@@ -363,7 +363,12 @@ def _read_returns_section(  # noqa: WPS231
         else:
             # try to retrieve the annotation from the docstring parent
             with suppress(AttributeError, KeyError, ValueError):
-                annotation = docstring.parent.returns  # type: ignore[union-attr]
+                if docstring.parent.is_function:  # type: ignore[union-attr]
+                    annotation = docstring.parent.returns  # type: ignore[union-attr]
+                elif docstring.parent.is_attribute:  # type: ignore[union-attr]
+                    annotation = docstring.parent.annotation  # type: ignore[union-attr]
+                else:
+                    raise ValueError
                 if len(block) > 1:
                     if annotation.is_tuple:
                         annotation = annotation.tuple_item(index)
diff --git a/src/griffe/docstrings/numpy.py b/src/griffe/docstrings/numpy.py
index 026c273f..ee39ef16 100644
--- a/src/griffe/docstrings/numpy.py
+++ b/src/griffe/docstrings/numpy.py
@@ -358,7 +358,12 @@ def _read_returns_section(  # noqa: WPS231
         if annotation is None:
             # try to retrieve the annotation from the docstring parent
             with suppress(AttributeError, KeyError, ValueError):
-                annotation = docstring.parent.returns  # type: ignore[union-attr]
+                if docstring.parent.is_function:  # type: ignore[union-attr]
+                    annotation = docstring.parent.returns  # type: ignore[union-attr]
+                elif docstring.parent.is_attribute:  # type: ignore[union-attr]
+                    annotation = docstring.parent.annotation  # type: ignore[union-attr]
+                else:
+                    raise ValueError
                 if len(items) > 1:
                     if annotation.is_tuple:
                         annotation = annotation.tuple_item(index)
diff --git a/tests/test_visitor.py b/tests/test_visitor.py
index b5b0b8be..aa70b694 100644
--- a/tests/test_visitor.py
+++ b/tests/test_visitor.py
@@ -260,3 +260,22 @@ def method(self):
         assert module.docstring.lineno == 2
         assert module["C"].docstring.lineno == 6
         assert module["C.method"].docstring.lineno == 10
+
+
+def test_create_properties_as_attributes():
+    """Assert properties are created as attributes and not functions."""
+    with temporary_visited_module(
+        """
+        from functools import cached_property
+
+        class C:
+            @property
+            def prop(self) -> bool:
+                return True
+            @cached_property
+            def cached_prop(self) -> int:
+                return 0
+        """
+    ) as module:
+        assert module["C.prop"].is_attribute
+        assert module["C.cached_prop"].is_attribute