Bill Gates' 26-year-old daughter reportedly paid $51M for this 'paparazzi-proof'...

In this market, most people would consider themselves lucky if they managed to buy any house before they turned 30. However, if your father happened to create one of the most successful tech companies in the world, you can do much better than a total teardown on the edge of town.

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For 26-year-old Jennifer Gates — the eldest daughter of billionaire Bill Gates and his ex-wife Melinda French Gates — that translates into a starter home that’s actually a $51 million luxury penthouse in New York’s Tribeca neighborhood.

Business Insider reports the unit was once owned by British racing champion Lewis Hamilton. Located at 443 Greenwich Street, the building’s “paparazzi-proof” underground garage has made it popular with the rich and famous — including Jake Gyllenhaal, Justin Timberlake and Jessica Biel, and Blake Lively and Ryan Reynolds.

Privacy isn’t the unit’s only amenity though. Gates’ 8,900-square-foot unit stretches across three storeys. It also has multiple private elevators and 3,400-square-feet of outdoor space with a plunge pool.

The penthouse is definitely a cut above what most 26-year-olds — let alone 56-year-olds — could even dream of calling home. That being said, you don’t need to be a trust-fund baby to get exposure to prime real estate. Here are three ways you can add some luxury hard assets to your portfolio.

REITs

Real estate investment trusts or REITs are, perhaps, the most convenient way to add property exposure to your portfolio. These instruments are similar to exchange-listed funds, but they focus on real estate instead of stocks and have specific rules about dividend payouts.