The elections, under which the new presidential system introduced by a referendum one year ago will go into effect, had previously been scheduled for November 2019.
The polls will also give Erdogan a chance to extend his stay in power with a new five-year mandate, after already serving 15 years in power as premier and then president. The AKP has ruled Turkey ever since.
The date set by Erdogan will precipitate an intense election campaign as opposition parties seek to challenge his grip. But Turkey's rapid growth has come been accompanied by increased authoritarianism, with a security crackdown since the failed coup leading to the arrest of tens of thousands.
"Russia might soon force Turkey to pull out of Afrin", Cagaptay said. Immediately after meeting with his election partner, the president of the Nationalist Action Party, he announced the relevant date of the presidential election, June 24.
He said Turkey's military operations in neighboring Syria "and the developments in our region of historic importance, have made it mandatory to remove the election issue from our agenda".
"Developments in Syria and elsewhere have made it urgent to switch to the new executive system in order to take steps for our country's future in a stronger way ..."
Do not fall for Barack Obama's video message, its fake!
The video was a collaboration between Peele and his brother-in-law, BuzzFeed CEO Jonah Peretti. Any responsible leader would advise us all to do so in the future.
The announcement came following a meeting between Erdogan and his ally Devlet Bahceli, head of the nationalist MHP party, who on Tuesday launched an appeal for an early vote on August 26.
Three weeks after the attempted putsch, Bahceli attended a rally in support of the elected government in Istanbul with other key political leaders at the request of Turkey's President Recep Tayyip Erdogan.
The bill bears the signature of Prime Minister Binali Yildirim and opposition Nationalist Movement Party (MHP) leader Devlet Bahceli.
It also follows the sale of Turkey's largest media group, Dogan Holding, to a group that is close to Erdogan - a move observers say places 90 percent of the nation's media under Erdogan's control. Selahattin Demirtas, the charismatic former leader of Turkey's pro-Kurdish party, is in jail on terrorism charges.
The AKP would like to keep the state of emergency in place throughout the election cycle, though the detrimental effect it has had on the economy means the party would not want to sustain it beyond the vote.