The election commission later confirmed Erdogan the victor, and also said Erdogan's Justice and development Party (AKP) and its allied Nationalist Movement Party (MHP) had retained their parliamentary majority.
According to preliminary results, Erdogan won Sunday's early presidential election in Turkey with 52.5% of the vote, and his closest rival Muharrem Ince who represents Turkey's main opposition Republican People's Party secured 30.7% of the vote.
Turkey's main opposition candidate Muharrem Ince has conceded defeat in Sunday's presidential and parliamentary elections, calling on the victor, Recep Tayyip Erdogan, who returns as president, to end his divisive policies.
The election council will announce final results on Friday.
Erdogan continues to receive congratulatory messages, which began even before the completion of the vote count on Sunday.
Official results showed Erdoğan with 53 percent of the vote, surpassing the 50 percent he needs to avoid a runoff.
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Turkey's President Recep Tayyip Erdogan has been re-elected with a decisive majority, cementing his hold over the country.
The pro-Kurdish Peoples' Democratic Party, or HDP, was edging past the 10 per cent threshold to enter parliament, with 10.7 per cent.
Throughout his presidency Erdogan has reintroduced Islamic conservatism to civic institutions in a quest to forge a "pious generation".
Erdogan reiterated his commitment to "fight terroristic organisations", "to continue the fight to make the Syrian grounds freer" and to increase the "international prestige" of Turkey, saying: "Turkey has no moment to waste, we know that".
Putin and Erdogan - who have both led their post-imperial states out of economic crisis but also into a new era of confrontation with the West - have forged an increasingly close alliance in recent months.
Ince also complained that it was an unfair election but accepted Erdogan's victory during a news conference Monday.
"Winners of June 24 elections are Turkey, Turkish nation, sufferers of our region and all oppressed in the world", he said to cheering crowds, adding that the country "will look at its future with so much more trust than it did this morning".
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The June 24 vote ushers in a powerful new executive presidency long sought by Mr. Erdogan and backed by a small majority of Turks in a 2017 referendum. But supporters love Erdogan for bringing economic growth and security.
He added that the alliance led by the AKP had won the majority in parliament.
Civil society groups and opposition parties said they had half a million volunteer observers manning polling stations, but allegations of fraud emerged as early as midday on Sunday.
"We always vote for our leader Recep Tayyip Erdogan", he said while navigating his cab through traffic.
"Turkey is staging a democratic revolution", he told reporters after casting his own vote in Istanbul.
The amendments will transform the country from a parliamentary democracy into a presidential system - arguably the most significant political development since the Turkish republic was declared in 1923.
Turkey has been under a state of emergency since a failed coup in July 2016, with 107,000 public servants and soldiers dismissed from their jobs. One of the first tests will be on whether to lift emergency rule, which will say a great deal about where Erdoğan and the new parliament stand on the crucial issues of democracy and rule of law.
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The president's critics, including the European Union, which Turkey still nominally aspires to join, say Erdogan has used the crackdown to stifle dissent. Since a 2016 coup attempt, Erdogan has consolidated power, jailed opponents and clamped down on journalists.