There has been a good bit of criticism regarding the production budget of this series. I don't have the numbers right at hand, but clearly the great majority--if not all--of the shooting is done on a sound stage. This saves money, of course, but I think there is more to it. The world of Olympus is set in ancient Greece; but it is a world in which the gods are real, and supernatural powers are part of ordinary existence. I think that the oddly-crafted set pieces are deliberately intended to evoke a world that is similar to our own, but not quite ours. Perhaps this world is a psychological state of mind; the series synopsis tells us that the gods will eventually be consigned to the world of the unconscious, what they call the Underworld, or Hades. When this happens, the entire world will change...is this not perception? Watching this series brings to mind the German Expressionist movement in film. They both share the use of stylized set pieces, and the plots and stories of both often deal with madness, hallucination, and betrayal. And let's not forget that film noir arose out of expressionism; the eerie, atmospheric lighting, somewhat hapless protagonist, and the irrepressible femme fatale elements of noir can be readily by seen in Olympus. If you examine this series through that lens I think you will gain a better appreciation of it.
UPDATE: It is Aug 26 2015, and I wrote the above approximately a week before. I had not viewed the entire series by then, but I have now. If you have already made up your mind about this series, and decided that you hate it, nothing I say here will effect your opinion. But if you like the series, or are still undecided, I encourage you--nay, I entreat you--to watch it to the end. The final three episodes are spell-binding, and the season (perhaps series) conclusion is quite surprising and satisfying. This series has cemented its position on my short list of best series ever. It went by so fast I could hardly believe it was over. You owe it to yourself to give this show a chance.